£154,919
This estimated value is based upon the latest sale price for the house of £32,000 on 20 Feb 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£32,000 | 20 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 February 1998 the House Price Index for TYNE AND WEAR was 30.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 384.123%.Applying this 384.123% change to the original purchase price of £32,000 results in an estimated price of approximately £154,919.
20 Feb 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 149.7 | 384.123 % | £32,000 | £122,919 | £154,919 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 448.857 % | £143,634 | £175,634 |
3 Month Average | 358.527 % | £114,728 | £146,728 |
6 Month Average | 310.830 % | £99,465 | £131,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £91,354 | £89,950 | 28 TIBERIUS CLOSE |
15 Sep 2023 | £86,916 | £85,000 | 28 PRAETORIAN DRIVE |
20 Jan 2023 | £142,380 | £142,000 | 59 PRAETORIAN DRIVE |
31 Aug 2022 | £73,845 | £73,500 | 11 PRAETORIAN DRIVE |
20 Jun 2022 | £89,411 | £87,500 | 33 TIBERIUS CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Sep 2012. Using an estimated price of £154,919 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on PLANTATION STREET is 62 sq meters (676 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Possession of weapons | Awaiting court outcome | On or near Praetorian Drive |
May 2024 | Drugs | Awaiting court outcome | On or near Praetorian Drive |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Tiberius Close |
Jul 2024 | Anti-social behaviour | On or near Carville Road | |
Jul 2024 | Anti-social behaviour | On or near Carville Road |