£86,900
This estimated value is based upon the latest sale price for the house of £70,000 on 10 Oct 2018. 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 | 10 Oct 2018 |
£179,500 | 23 Jun 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £70,000 results in an estimated price of approximately £86,900.
10 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £70,000 | £16,900 | £86,900 |
The Postcode Pricing Model uses changes in average sales price within the SR1 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 | -30.781 % | £-21,546 | £48,453 |
3 Month Average | 69.740 % | £48,817 | £118,817 |
6 Month Average | 13.703 % | £9,592 | £79,592 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2024 | £49,950 | £49,950 | ROOM B2 24 - 26 NORFOLK STREET |
3 Apr 2024 | £50,388 | £49,950 | ROOM D4 24 - 26 NORFOLK STREET |
22 Mar 2024 | £50,729 | £49,950 | ROOM D2 24 - 26 NORFOLK STREET |
21 Dec 2023 | £12,380 | £12,000 | ROOM E3 24 - 26 NORFOLK STREET |
21 Dec 2023 | £12,380 | £12,000 | ROOM B3 24 - 26 NORFOLK STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 23 Aug 2016. Using an estimated price of £86,900 means this house is valued at £1,046 per sq meter (£97 per sq foot).
The average size of a house on FOYLE STREET is 141 sq meters (1,526 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Foyle Street | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Foyle Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Foyle Street |
Jun 2024 | Anti-social behaviour | On or near Foyle Street | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Foyle Street |