£88,082
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 10 Mar 2022 |
| £71,000 | 27 Jul 2017 |
| £24,700 | 26 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £85,000 results in an estimated price of approximately £88,082.
| 10 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £85,000 | £3,082 | £88,082 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | -30.420 % | £-25,856 | £59,143 |
| 3 Month Average | -8.270 % | £-7,029 | £77,970 |
| 6 Month Average | 4.528 % | £3,848 | £88,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £46,616 | £45,800 | 7 DENWICK AVENUE |
| 13 Dec 2023 | £94,656 | £93,000 | 53 WARKWORTH STREET |
| 17 Nov 2023 | £101,503 | £100,000 | 17 GLADSTONE STREET |
| 15 Sep 2023 | £116,489 | £115,000 | 19 WARKWORTH STREET |
| 4 Aug 2023 | £70,618 | £70,000 | 55 WARKWORTH STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 10 Aug 2021. Using an estimated price of £88,082 means this house is valued at £927 per sq meter (£86 per sq foot).
The average size of a house on MAUD STREET is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Maud Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maud Street |
| Mar 2024 | Drugs | Under investigation | On or near Maud Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maud Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maud Street |