£119,339
This estimated value is based upon the latest sale price for the house of £65,000 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Howe Street
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£65,000 | 28 Oct 2005 |
Terraced |
Leasehold |
Floor Area: 68 sq meters or 735 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 October 2005 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £65,000 results in an estimated price of approximately £119,339.
28 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £65,000 | £54,339 | £119,339 |
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 | 97.265 % | £63,222 | £128,222 |
3 Month Average | 51.786 % | £33,660 | £98,660 |
6 Month Average | 40.243 % | £26,157 | £91,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £80,032 | £78,000 | 49 HOWE STREET |
27 Oct 2023 | £82,882 | £81,000 | 77 GLADSTONE STREET |
20 Oct 2023 | £122,738 | £119,950 | 46 GLADSTONE STREET |
12 Oct 2023 | £63,441 | £62,000 | 61 HOWE STREET |
5 Oct 2023 | £59,348 | £58,000 | 79 HOWE STREET |
This house has a floor area of 68 sq meters or 735 sq feet when measured on 9 Nov 2010. Using an estimated price of £119,340 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on HOWE STREET is 75 sq meters (816 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Howe Street |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Howe Street |
Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Howe Street |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Howe Street |