£357,980
This estimated value is based upon the latest sale price for the house of £67,500 on 19 Feb 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,500 | 19 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 February 1997 the House Price Index for TYNE AND WEAR was 28.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 430.342%.Applying this 430.342% change to the original purchase price of £67,500 results in an estimated price of approximately £357,980.
| 19 Feb 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.2 | 149.7 | 430.342 % | £67,500 | £290,480 | £357,980 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 353.872 % | £238,863 | £306,363 |
| 3 Month Average | 373.517 % | £252,123 | £319,623 |
| 6 Month Average | 381.904 % | £257,785 | £325,285 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £139,280 | £135,000 | 6 SHIELD STREET |
| 8 Nov 2023 | £135,438 | £132,000 | 24 BEADNELL PLACE |
| 7 Sep 2023 | £158,494 | £155,000 | 20 NAPIER STREET |
| 20 Jun 2023 | £31,480,879 | £30,850,000 | CAMDEN COURT CAMDEN STREET |
| 19 Jun 2023 | £301,033 | £295,000 | 172 NEW BRIDGE STREET |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 1 Sep 2015. Using an estimated price of £357,981 means this house is valued at £2,118 per sq meter (£196 per sq foot).
The average size of a house on FALCONAR STREET is 216 sq meters (2,331 sq feet).
This house is the largest in the street with a floor area of 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Rock Terrace |
| Aug 2024 | Anti-social behaviour | On or near Rock Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Rock Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Rock Terrace | |
| Aug 2024 | Anti-social behaviour | On or near Rock Terrace |