£124,682
This estimated value is based upon the latest sale price for the house of £122,600 on 17 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £122,600 | 17 Mar 2023 |
| £97,500 | 3 Jan 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 32 sq meters or 344 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 March 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £122,600 results in an estimated price of approximately £124,682.
| 17 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £122,600 | £2,082 | £124,682 |
The Postcode Pricing Model uses changes in average sales price within the NE1 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 | -90.275 % | £-110,677 | £11,922 |
| 3 Month Average | -3.306 % | £-4,053 | £118,546 |
| 6 Month Average | 21.751 % | £26,666 | £149,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £5,483,035 | £5,398,793 | 37 - 39 GREY STREET |
| 12 Jun 2023 | £145,924 | £143,000 | FLAT C 17 DEAN STREET |
| 17 Mar 2023 | £124,682 | £122,600 | FLAT B 21 DEAN STREET |
| 25 Jan 2023 | £115,308 | £115,000 | 10/4 55 DEGREES NORTH PILGRIM STREET |
| 25 Jul 2022 | £111,113 | £110,000 | 9/5 55 DEGREES NORTH PILGRIM STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 13 Jan 2020. Using an estimated price of £124,682 means this house is valued at £3,896 per sq meter (£361 per sq foot).
The average size of a house on DEAN STREET is 61 sq meters (656 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).