£34,674
This estimated value is based upon the latest sale price for the house of £8,000 on 16 Jul 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£8,000 | 16 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 July 1999 the House Price Index for TYNE AND WEAR was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £8,000 results in an estimated price of approximately £34,674.
16 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 148.6 | 333.432 % | £8,000 | £26,674 | £34,674 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 210.451 % | £16,836 | £24,836 |
3 Month Average | 269.653 % | £21,572 | £29,572 |
6 Month Average | 299.299 % | £23,943 | £31,943 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Apr 2023 | £102,099 | £101,000 | 121 SEYMOUR STREET |
19 Oct 2022 | £54,414 | £55,000 | 48 WATERVILLE ROAD |
28 Mar 2022 | £46,632 | £45,000 | 23 CARDONNEL STREET |
4 Feb 2022 | £144,195 | £137,500 | 18 WATERVILLE ROAD |
4 Feb 2022 | £36,704 | £35,000 | 73A CARDONNEL STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 26 Oct 2018. Using an estimated price of £34,675 means this house is valued at £502 per sq meter (£46 per sq foot).
The average size of a house on SEYMOUR STREET is 82 sq meters (887 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Upper Penman Street | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Upper Penman Street |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Upper Penman Street |
Mar 2024 | Robbery | Under investigation | On or near Upper Penman Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Upper Penman Street |