£78,101
This estimated value is based upon the latest sale price for the house of £71,500 on 18 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £71,500 | 18 Oct 2021 |
| £76,000 | 14 Dec 2020 |
| Freehold |
| Floor Area: 64 sq meters or 697 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 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £71,500 results in an estimated price of approximately £78,101.
| 18 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 146.7 | 9.233 % | £71,500 | £6,601 | £78,101 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -4.084 % | £-2,920 | £68,579 |
| 3 Month Average | -5.577 % | £-3,987 | £67,512 |
| 6 Month Average | 3.069 % | £2,194 | £73,694 |
This house has a floor area of 64 sq meters or 697 sq feet when measured on 26 Aug 2010.
The average size of a house on PINE STREET is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mayfield Gardens |
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Dec 2023 | Anti-social behaviour | On or near Pine Street |