£117,208
This estimated value is based upon the latest sale price for the house of £115,000 on 30 May 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 |
---|---|
£115,000 | 30 May 2022 |
£85,000 | 14 Feb 2020 |
£33,000 | 24 Jul 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 May 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £115,000 results in an estimated price of approximately £117,208.
30 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £115,000 | £2,208 | £117,208 |
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 | 78.241 % | £89,976 | £204,976 |
3 Month Average | -2.516 % | £-2,893 | £112,106 |
6 Month Average | 9.128 % | £10,497 | £125,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £107,446 | £106,000 | 1 ROCKMORE ROAD |
21 Jun 2023 | £121,471 | £120,000 | 21 LIME STREET |
6 Feb 2023 | £114,923 | £115,000 | 3 CONTENT STREET |
30 May 2022 | £117,209 | £115,000 | 29 ASH STREET |
13 May 2022 | £114,660 | £112,500 | 19 OAK TERRACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Nov 2019. Using an estimated price of £117,209 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on ASH STREET is 78 sq meters (844 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Ash Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Ash Street |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Ash Street |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ash Street |
Dec 2023 | Other theft | Under investigation | On or near Ash Street |