£94,716
This estimated value is based upon the latest sale price for the house of £90,000 on 12 Jan 2022. 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 |
---|---|
£90,000 | 12 Jan 2022 |
£58,500 | 28 Feb 2020 |
£86,000 | 7 Dec 2017 |
£13,500 | 9 Nov 2001 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £90,000 results in an estimated price of approximately £94,716.
12 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 148.6 | 5.241 % | £90,000 | £4,716 | £94,716 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 121.944 % | £109,750 | £199,750 |
3 Month Average | -21.605 % | £-19,444 | £70,555 |
6 Month Average | -2.899 % | £-2,608 | £87,391 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £80,985 | £79,950 | 44 ST MICHAELS VALE |
1 Aug 2023 | £121,059 | £120,000 | 61 ST ROLLOX STREET |
17 Apr 2023 | £101,088 | £100,000 | 46 ST MICHAELS VALE |
14 Apr 2023 | £70,762 | £70,000 | 14 BUCHANAN STREET |
27 Jan 2023 | £78,630 | £79,000 | 29 ST MICHAELS VALE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Sep 2017. Using an estimated price of £94,717 means this house is valued at £1,029 per sq meter (£95 per sq foot).
The average size of a house on GLEN STREET is 109 sq meters (1,174 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near St Michaels Vale |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Rose Street |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Rose Street |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near North Farm Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near North Farm Road |