£61,518
This estimated value is based upon the latest sale price for the house of £50,000 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 |
|---|---|
| £50,000 | 18 Jan 2019 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 66 sq meters or 710 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 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £50,000 results in an estimated price of approximately £61,518.
| 18 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £50,000 | £11,518 | £61,518 |
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 | 71.601 % | £35,800 | £85,800 |
| 3 Month Average | 9.656 % | £4,827 | £54,827 |
| 6 Month Average | 5.164 % | £2,582 | £52,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £119,766 | £117,500 | 92 MOWBRAY ROAD |
| 8 Dec 2023 | £63,196 | £62,000 | 92 COLERIDGE AVENUE |
| 24 Nov 2023 | £85,092 | £84,000 | 139 ST VINCENT STREET |
| 4 Aug 2023 | £55,337 | £55,000 | 90 ST VINCENT STREET |
| 21 Apr 2023 | £82,110 | £81,500 | 127 MOWBRAY ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Nov 2018. Using an estimated price of £61,518 means this house is valued at £932 per sq meter (£86 per sq foot).
There is one other house on the street which we know the size of, this is 6 WESTCOTT AVENUE it is 79.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St Vincent Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Vincent Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Vincent Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Westcott Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Westcott Avenue |