£70,733
This estimated value is based upon the latest sale price for the house of £55,000 on 20 Sep 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 |
---|---|
£55,000 | 20 Sep 2019 |
£55,000 | 20 Sep 2019 |
£85,000 | 29 May 2009 |
Flats/Maisonettes |
Freehold |
Floor Area: 57 sq meters or 613 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 September 2019 the House Price Index for TYNE AND WEAR was 81.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 28.607%.Applying this 28.607% change to the original purchase price of £55,000 results in an estimated price of approximately £70,733.
20 Sep 2019 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 104.3 | 28.607 % | £55,000 | £15,733 | £70,733 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 102.762 % | £56,519 | £111,519 |
3 Month Average | 36.885 % | £20,286 | £75,286 |
6 Month Average | 22.499 % | £12,374 | £67,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2024 | £166,838 | £159,000 | 19 NEWCASTLE STREET |
30 Aug 2024 | £367,623 | £350,000 | 49 SIDNEY STREET |
8 Mar 2024 | £131,843 | £123,500 | 91 WEST PERCY STREET |
20 Dec 2023 | £241,684 | £225,000 | 1 WIDDRINGTON TERRACE |
22 Jun 2023 | £226,072 | £213,500 | 1 CECIL STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 4 May 2019. Using an estimated price of £70,734 means this house is valued at £1,240 per sq meter (£115 per sq foot).
The average size of a house on CECIL STREET is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2025 | Anti-social behaviour | On or near Cecil Street | |
Jan 2025 | Anti-social behaviour | On or near Cecil Street | |
Jan 2025 | Anti-social behaviour | On or near Cecil Street | |
Mar 2025 | Violence and sexual offences | Under investigation | On or near Lovaine Place |
Feb 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lovaine Place |