£27,371
This estimated value is based upon the latest sale price for the house of £26,750 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £26,750 | 27 Oct 2023 |
| Freehold |
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 October 2023 the House Price Index for TYNE AND WEAR was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £26,750 results in an estimated price of approximately £27,371.
| 27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £26,750 | £621 | £27,371 |
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 | 46.830 % | £12,526 | £39,276 |
| 3 Month Average | 11.079 % | £2,963 | £29,713 |
| 6 Month Average | 12.873 % | £3,443 | £30,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £76,170 | £75,000 | 46 BRABOURNE STREET |
| 15 Dec 2023 | £55,712 | £54,000 | 33 ALNWICK ROAD |
| 24 Nov 2023 | £86,188 | £84,000 | 18 ALNWICK ROAD |
| 14 Nov 2023 | £112,865 | £110,000 | 103B BOLDON LANE |
| 8 Nov 2023 | £46,172 | £45,000 | 503A STANHOPE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brinkburn Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brinkburn Street |
| Sep 2024 | Possession of weapons | Under investigation | On or near Brinkburn Street |
| Sep 2024 | Possession of weapons | Under investigation | On or near Brinkburn Street |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Brinkburn Street |