£18,662
This estimated value is based upon the latest sale price for the house of £4,000 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Strathmore Crescent
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| Price Paid | Date |
|---|---|
| £4,000 | 30 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 1998 the House Price Index for TYNE AND WEAR was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £4,000 results in an estimated price of approximately £18,662.
| 30 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £4,000 | £14,662 | £18,662 |
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 | 409.029 % | £16,361 | £20,361 |
| 3 Month Average | 342.444 % | £13,697 | £17,697 |
| 6 Month Average | 326.101 % | £13,044 | £17,044 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £112,480 | £110,000 | 57 STRATHMORE CRESCENT |
| 16 Jan 2023 | £75,201 | £75,000 | 245 COLSTON STREET |
| 14 Oct 2022 | £61,794 | £62,000 | 148 CANNING STREET |
| 6 Jan 2022 | £49,299 | £46,500 | 180 CANNING STREET |
| 1 Dec 2021 | £66,917 | £62,000 | 81 STRATHMORE CRESCENT |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Oct 2015. Using an estimated price of £18,662 means this house is valued at £274 per sq meter (£25 per sq foot).
The average size of a house on CANNING STREET is 73 sq meters (791 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Crescent |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Strathmore Crescent |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Strathmore Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Strathmore Crescent |