£48,858
This estimated value is based upon the latest sale price for the house of £39,999 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £39,999 | 29 Nov 2019 |
| Flats/Maisonettes |
| Leasehold |
| 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 November 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £39,999 results in an estimated price of approximately £48,858.
| 29 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £39,999 | £8,859 | £48,858 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 120.469 % | £48,186 | £88,185 |
| 3 Month Average | 14.735 % | £5,893 | £45,892 |
| 6 Month Average | 26.950 % | £10,779 | £50,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £62,821 | £62,481 | 144 ATKINSON ROAD |
| 29 Mar 2023 | £70,380 | £70,000 | 127 ETHEL STREET |
| 29 Mar 2023 | £50,272 | £50,000 | 125 ETHEL STREET |
| 20 Jan 2023 | £109,042 | £110,000 | 92 ETHEL STREET |
| 4 Jan 2023 | £54,521 | £55,000 | 167 ATKINSON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Oct 2019. Using an estimated price of £48,859 means this house is valued at £729 per sq meter (£67 per sq foot).
The average size of a house on JOAN STREET is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Joan Street |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Joan Street |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Joan Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Joan Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Joan Street |