£121,190
This estimated value is based upon the latest sale price for the house of £57,550 on 12 Mar 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 |
|---|---|
| £57,550 | 12 Mar 2004 |
| £22,000 | 25 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 2004 the House Price Index for TYNE AND WEAR was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £57,550 results in an estimated price of approximately £121,190.
| 12 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £57,550 | £63,640 | £121,190 |
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 | 128.319 % | £73,847 | £131,397 |
| 3 Month Average | 124.113 % | £71,427 | £128,977 |
| 6 Month Average | 83.241 % | £47,905 | £105,455 |
| 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 |
| 22 Aug 2023 | £56,010 | £55,000 | 74 NORTHBOURNE STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 4 Dec 2012. Using an estimated price of £121,190 means this house is valued at £1,836 per sq meter (£170 per sq foot).
The average size of a house on RABY STREET is 81 sq meters (874 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 | Violence and sexual offences | Under investigation | On or near Raby Street |
| Aug 2024 | Anti-social behaviour | On or near Raby Street |