£97,564
This estimated value is based upon the latest sale price for the house of £80,000 on 18 Jan 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 |
---|---|
£80,000 | 18 Jan 2019 |
£70,000 | 1 Jul 2011 |
£59,000 | 27 Aug 2003 |
£31,500 | 7 Sep 1998 |
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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £80,000 results in an estimated price of approximately £97,564.
18 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 146.7 | 21.956 % | £80,000 | £17,564 | £97,564 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 35.644 % | £28,514 | £108,514 |
3 Month Average | -5.852 % | £-4,681 | £75,318 |
6 Month Average | 11.152 % | £8,921 | £88,921 |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Dec 2017.
The average size of a house on SELBOURNE STREET is 70 sq meters (760 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Lyndhurst Street |
Dec 2023 | Anti-social behaviour | On or near Lyndhurst Street | |
Dec 2023 | Anti-social behaviour | On or near Lyndhurst Street | |
Dec 2023 | Anti-social behaviour | On or near Lyndhurst Street | |
Dec 2023 | Anti-social behaviour | On or near Lyndhurst Street |