£98,597
This estimated value is based upon the latest sale price for the house of £44,950 on 19 Dec 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £44,950 | 19 Dec 2003 |
| £44,950 | 19 Dec 2003 |
| £22,000 | 25 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 December 2003 the House Price Index for TYNE AND WEAR was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £44,950 results in an estimated price of approximately £98,597.
| 19 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 149.7 | 119.349 % | £44,950 | £53,647 | £98,597 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 56.812 % | £25,536 | £70,486 |
| 3 Month Average | 64.707 % | £29,085 | £74,035 |
| 6 Month Average | 86.423 % | £38,847 | £83,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £95,000 | £95,000 | 91 RABY STREET |
| 19 Dec 2023 | £361,096 | £350,000 | 121 NORTHBOURNE STREET |
| 16 Nov 2023 | £61,563 | £60,000 | 117 NORTHBOURNE STREET |
| 10 Oct 2023 | £73,673 | £72,000 | 28 RABY STREET |
| 26 Apr 2023 | £264,956 | £260,000 | 81 RABY STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 9 Jul 2012. Using an estimated price of £98,597 means this house is valued at £1,590 per sq meter (£147 per sq foot).
The average size of a house on RABY STREET is 81 sq meters (879 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Raby Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Raby Street |
| Sep 2024 | Robbery | Investigation complete; no suspect identified | On or near Raby Street |
| Aug 2024 | Anti-social behaviour | On or near Raby Street | |
| Aug 2024 | Anti-social behaviour | On or near Raby Street |