£149,266
This estimated value is based upon the latest sale price for the house of £116,500 on 22 Jun 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£116,500 | 22 Jun 2017 |
Terraced |
Freehold |
Floor Area: 99 sq meters or 1,065 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £116,500 results in an estimated price of approximately £149,266.
22 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.6 | 28.126 % | £116,500 | £32,766 | £149,266 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -51.224 % | £-59,675 | £56,824 |
3 Month Average | 0.488 % | £568 | £117,068 |
6 Month Average | 10.009 % | £11,660 | £128,160 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £105,852 | £104,000 | 14 EDITH AVENUE |
15 Dec 2023 | £117,048 | £115,000 | 13 EDITH AVENUE |
29 Nov 2023 | £87,292 | £86,000 | 29 HARRIET STREET |
30 Jun 2023 | £118,435 | £117,000 | 32 POLMAISE STREET |
7 Jun 2023 | £98,189 | £97,000 | 18 BURNLEY STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 28 Mar 2017. Using an estimated price of £149,266 means this house is valued at £1,507 per sq meter (£140 per sq foot).
The average size of a house on BURNLEY STREET is 101 sq meters (1,093 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnley Street |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnley Street |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burnley Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Harriet Street |
Mar 2024 | Anti-social behaviour | On or near Harriet Street |