£56,951
This estimated value is based upon the latest sale price for the house of £56,000 on 24 Mar 2023. 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 Howe Street
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| Price Paid | Date |
|---|---|
| £56,000 | 24 Mar 2023 |
| £51,000 | 4 Mar 2005 |
| £27,150 | 27 Mar 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 702 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 2023 the House Price Index for TYNE AND WEAR was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £56,000 results in an estimated price of approximately £56,951.
| 24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £56,000 | £951 | £56,951 |
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 | 72.342 % | £40,511 | £96,511 |
| 3 Month Average | 8.344 % | £4,672 | £60,672 |
| 6 Month Average | 22.076 % | £12,362 | £68,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £67,538 | £66,500 | 48 HOWE STREET |
| 15 Mar 2024 | £40,116 | £39,500 | 114 HOWE STREET |
| 27 Oct 2023 | £69,580 | £68,000 | 27 HOWE STREET |
| 13 Sep 2023 | £40,901 | £39,999 | 80 HOWE STREET |
| 24 Mar 2023 | £56,951 | £56,000 | 39 HOWE STREET |
This house has a floor area of 65 sq meters or 702 sq feet when measured on 22 Feb 2012. Using an estimated price of £56,951 means this house is valued at £872 per sq meter (£81 per sq foot).
The average size of a house on HOWE STREET is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Howe Street |
| Oct 2024 | Other crime | Under investigation | On or near Howe Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Howe Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Howe Street |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Howe Street |