£140,942
This estimated value is based upon the latest sale price for the house of £68,950 on 23 Apr 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£68,950 | 23 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 69 sq meters or 742 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 2004 the House Price Index for TYNE AND WEAR was 72.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 104.412%.Applying this 104.412% change to the original purchase price of £68,950 results in an estimated price of approximately £140,942.
23 Apr 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
72.7 | 148.6 | 104.412 % | £68,950 | £71,992 | £140,942 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 11.557 % | £7,968 | £76,918 |
3 Month Average | 57.521 % | £39,660 | £108,610 |
6 Month Average | 61.862 % | £42,653 | £111,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £106,000 | £106,000 | 48 CROFTON STREET |
15 Sep 2023 | £70,907 | £70,000 | 9 EGERTON ROAD |
17 Jul 2023 | £86,160 | £85,000 | 19 CROFTON STREET |
14 Jul 2023 | £79,064 | £78,000 | 92 RICHMOND ROAD |
7 Feb 2023 | £66,955 | £67,000 | 18 EGERTON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Jul 2019. Using an estimated price of £140,942 means this house is valued at £2,042 per sq meter (£189 per sq foot).
The average size of a house on CROFTON STREET is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crofton Street |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Crofton Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Crofton Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |