£126,950
This estimated value is based upon the latest sale price for the house of £74,000 on 3 Sep 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£74,000 | 3 Sep 2012 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 sq feet |
This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.
When this house was purchased in September 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.554%.Applying this 71.554% change to the original purchase price of £74,000 results in an estimated price of approximately £126,950.
3 Sep 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.554 % | £74,000 | £52,950 | £126,950 |
The Postcode Pricing Model uses changes in average sales price within the NE37 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -78.021 % | £-57,735 | £16,264 |
3 Month Average | -27.351 % | £-20,240 | £53,759 |
6 Month Average | -16.285 % | £-12,050 | £61,949 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £108,329 | £105,000 | 56 BALTIMORE COURT |
27 Oct 2023 | £138,137 | £135,000 | 20 GLENDALE AVENUE |
25 Oct 2023 | £107,440 | £105,000 | 11 THE DRIVE |
25 Jan 2023 | £75,201 | £75,000 | 40 COVERDALE AVENUE |
6 Jan 2023 | £115,308 | £115,000 | 60 BALTIMORE COURT |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 5 Jul 2012. Using an estimated price of £126,950 means this house is valued at £1,627 per sq meter (£151 per sq foot).
The average size of a house on RUSSELL STREET is 110 sq meters (1,189 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
Jul 2024 | Drugs | Under investigation | On or near Petrol Station |
Jun 2024 | Anti-social behaviour | On or near Petrol Station | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Jun 2024 | Anti-social behaviour | On or near Petrol Station |