£468,855
This estimated value is based upon the latest sale price for the house of £385,000 on 6 Dec 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 |
---|---|
£385,000 | 6 Dec 2018 |
£299,950 | 29 Jan 2007 |
£20,000 | 12 Jun 1998 |
Terraced |
Freehold |
Floor Area: 245 sq meters or 2,637 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.781%.Applying this 21.781% change to the original purchase price of £385,000 results in an estimated price of approximately £468,855.
6 Dec 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 146.7 | 21.781 % | £385,000 | £83,855 | £468,855 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 28.752 % | £110,696 | £495,696 |
3 Month Average | 0.868 % | £3,343 | £388,343 |
6 Month Average | 10.845 % | £41,752 | £426,752 |
This house has a floor area of 245 sq meters or 2,637 sq feet when measured on 1 Dec 2017.
The average size of a house on LATIMER STREET is 159 sq meters (1,721 sq feet).
This house is the largest in the street with a floor area of 245 sq meters (2,637 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Latimer Street |
Dec 2023 | Public order | Under investigation | On or near Hotspur Street |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Percy Park Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Prudhoe Terrace |
Mar 2024 | Anti-social behaviour | On or near Lovaine Row |