£156,537
This estimated value is based upon the latest sale price for the house of £149,950 on 7 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Newbury Street
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Price Paid | Date |
---|---|
£149,950 | 7 Mar 2022 |
£95,000 | 27 Aug 2021 |
£75,000 | 12 Sep 2017 |
£95,840 | 27 Jan 2017 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 871 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 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £149,950 results in an estimated price of approximately £156,537.
7 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £149,950 | £6,587 | £156,537 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 193.627 % | £290,344 | £440,294 |
3 Month Average | 6.346 % | £9,516 | £159,466 |
6 Month Average | 3.602 % | £5,400 | £155,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2024 | £200,000 | £200,000 | 26 KIRKSTONE AVENUE |
24 Nov 2023 | £123,125 | £120,000 | 9 ELIZABETH STREET |
21 Nov 2023 | £158,986 | £154,950 | 3 HILDA STREET |
22 Sep 2023 | £143,156 | £140,000 | 7 HILDA STREET |
30 Jun 2023 | £235,724 | £231,000 | 17 KIRKSTONE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Mar 2014. Using an estimated price of £156,538 means this house is valued at £1,932 per sq meter (£179 per sq foot).
The average size of a house on NEWBURY STREET is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Under investigation | On or near Newbury Street |
Jul 2024 | Other theft | Under investigation | On or near Zion Terrace |
Aug 2024 | Anti-social behaviour | On or near Hilda Street | |
Aug 2024 | Anti-social behaviour | On or near Hilda Street | |
Aug 2024 | Anti-social behaviour | On or near Hilda Street |