£330,287
This estimated value is based upon the latest sale price for the house of £55,000 on 14 Mar 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£55,000 | 14 Mar 2024 |
£67,000 | 19 Nov 2012 |
£78,200 | 31 May 2012 |
£83,500 | 19 Aug 2005 |
£59,995 | 22 Aug 2003 |
£32,500 | 29 Oct 1999 |
£30,000 | 28 Jun 1996 |
Flats/Maisonettes |
Freehold |
Floor Area: 69 sq meters or 746 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 March 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £55,000 results in an estimated price of approximately £330,287.
14 Mar 2024 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 146.7 | 500.522 % | £55,000 | £275,287 | £330,287 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | 0.000 % | £0 | £55,000 |
3 Month Average | 0.000 % | £0 | £55,000 |
6 Month Average | 0.000 % | £0 | £55,000 |
This house has a floor area of 69 sq meters or 746 sq feet when measured on 15 Apr 2010.
The average size of a house on MAY STREET is 68 sq meters (733 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near May Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near May Street |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Hunter Street |
Dec 2023 | Anti-social behaviour | On or near Hunter Street | |
Dec 2023 | Anti-social behaviour | On or near Hunter Street |