£56,246
This estimated value is based upon the latest sale price for the house of £30,000 on 22 Apr 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£30,000 | 22 Apr 2005 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 April 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £30,000 results in an estimated price of approximately £56,246.
22 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £30,000 | £26,246 | £56,246 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 154.441 % | £46,332 | £76,332 |
3 Month Average | 133.371 % | £40,011 | £70,011 |
6 Month Average | 91.032 % | £27,309 | £57,309 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £76,953 | £75,000 | 150 ROMAN AVENUE |
28 Sep 2023 | £58,285 | £57,000 | 369 BENSON ROAD |
30 Aug 2023 | £42,771 | £42,000 | 34 EMILY STREET |
28 Feb 2023 | £85,572 | £85,000 | 35 EMILY STREET |
27 Jan 2023 | £115,308 | £115,000 | 17 KENNINGTON GROVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Oct 2012. Using an estimated price of £56,246 means this house is valued at £937 per sq meter (£87 per sq foot).
The average size of a house on EMILY STREET is 79 sq meters (853 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Emily Street | |
Sep 2024 | Anti-social behaviour | On or near Emily Street | |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Emily Street |
Sep 2024 | Anti-social behaviour | On or near Emily Street | |
Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Emily Street |