£119,441
This estimated value is based upon the latest sale price for the house of £101,000 on 11 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,000 | 11 Sep 2020 |
| £58,500 | 18 Nov 2019 |
| £93,000 | 27 Oct 2006 |
| £33,000 | 29 Nov 1996 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £101,000 results in an estimated price of approximately £119,441.
| 11 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £101,000 | £18,441 | £119,441 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -7.008 % | £-7,077 | £93,922 |
| 3 Month Average | -1.858 % | £-1,876 | £99,123 |
| 6 Month Average | 8.148 % | £8,229 | £109,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £90,716 | £89,000 | 16 FLORENCE STREET |
| 11 Dec 2023 | £122,314 | £120,000 | 1 FLORENCE STREET |
| 28 Nov 2023 | £75,975 | £75,000 | 18 MAY STREET |
| 24 Apr 2023 | £120,899 | £120,000 | 34 EASTLANDS |
| 6 Apr 2023 | £110,824 | £110,000 | 2 STORE STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 19 Jul 2019. Using an estimated price of £119,441 means this house is valued at £1,257 per sq meter (£116 per sq foot).
The average size of a house on CLARA STREET is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastlands |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastlands |
| Apr 2024 | Anti-social behaviour | On or near Tyne Street | |
| Apr 2024 | Public order | Under investigation | On or near Tyne Street |
| Apr 2024 | Public order | Under investigation | On or near Tyne Street |