£71,188
This estimated value is based upon the latest sale price for the house of £70,000 on 29 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,000 | 29 Mar 2023 |
£89,000 | 19 Oct 2016 |
£99,950 | 20 Feb 2006 |
£44,950 | 14 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £70,000 results in an estimated price of approximately £71,188.
29 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £70,000 | £1,188 | £71,188 |
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 | 16.908 % | £11,835 | £81,835 |
3 Month Average | 19.656 % | £13,759 | £83,759 |
6 Month Average | 9.862 % | £6,903 | £76,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Mar 2023 | £50,849 | £50,000 | 125 ETHEL STREET |
29 Mar 2023 | £71,189 | £70,000 | 127 ETHEL STREET |
8 Mar 2023 | £508,492 | £500,000 | UNIT 1 95 - 109 ADELAIDE TERRACE |
2 Mar 2023 | £305,095 | £300,000 | 136 ARMSTRONG ROAD |
20 Jan 2023 | £110,295 | £110,000 | 92 ETHEL STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 23 Aug 2021. Using an estimated price of £71,189 means this house is valued at £975 per sq meter (£90 per sq foot).
The average size of a house on ETHEL STREET is 91 sq meters (988 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Ethel Street | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ethel Street |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ethel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Ethel Street |
Jun 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Ethel Street |