£137,719
This estimated value is based upon the latest sale price for the house of £77,500 on 21 Feb 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £77,500 | 21 Feb 2006 |
| £47,000 | 8 Mar 2004 |
| £39,000 | 18 Jul 2003 |
| £25,000 | 11 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2006 the House Price Index for TYNE AND WEAR was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £77,500 results in an estimated price of approximately £137,719.
| 21 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £77,500 | £60,219 | £137,719 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 1.564 % | £1,212 | £78,712 |
| 3 Month Average | 35.720 % | £27,683 | £105,183 |
| 6 Month Average | 33.161 % | £25,699 | £103,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £71,000 | £71,000 | 73 BARRASFORD STREET |
| 6 Sep 2023 | £38,492 | £38,000 | 66 BARRASFORD STREET |
| 31 Mar 2023 | £36,847 | £36,500 | 12 BARRASFORD STREET |
| 1 Jul 2022 | £88,238 | £88,000 | 72 GALLANT TERRACE |
| 22 Dec 2020 | £42,752 | £37,250 | 6 BARRASFORD STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 12 Feb 2014. Using an estimated price of £137,720 means this house is valued at £1,967 per sq meter (£182 per sq foot).
The average size of a house on BARRASFORD STREET is 69 sq meters (743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barrasford Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Barrasford Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barrasford Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Barrasford Street |
| Mar 2024 | Anti-social behaviour | On or near Ingoe Street |