£121,680
This estimated value is based upon the latest sale price for the house of £74,000 on 21 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,000 | 21 Jun 2013 |
| £74,950 | 26 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 64.434%.Applying this 64.434% change to the original purchase price of £74,000 results in an estimated price of approximately £121,680.
| 21 Jun 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 146.7 | 64.434 % | £74,000 | £47,680 | £121,680 |
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 | -18.590 % | £-13,756 | £60,243 |
| 3 Month Average | -1.303 % | £-964 | £73,035 |
| 6 Month Average | 21.790 % | £16,124 | £90,124 |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Jul 2014.
There is one other house on the street which we know the size of, this is 25 NAIRN STREET it is 62.512
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oban Street |
| Feb 2024 | Public order | Under investigation | On or near Oban Street |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Mull Grove |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Mull Grove |