£39,679
This estimated value is based upon the latest sale price for the house of £39,950 on 24 Aug 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 Stothard Street
More crime details
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Price Paid | Date |
---|---|
£39,950 | 24 Aug 2023 |
£32,500 | 3 Mar 2017 |
£57,000 | 2 May 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 77 sq meters or 828 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 August 2023 the House Price Index for TYNE AND WEAR was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £39,950 results in an estimated price of approximately £39,679.
24 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.7 | 146.7 | -0.677 % | £39,950 | £-270 | £39,679 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -40.240 % | £-16,076 | £23,873 |
3 Month Average | -21.684 % | £-8,662 | £31,287 |
6 Month Average | -9.089 % | £-3,631 | £36,318 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 13 Oct 2016.
The average size of a house on RUSSELL STREET is 76 sq meters (824 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stothard Street |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Stothard Street |
Dec 2023 | Other theft | Under investigation | On or near Stothard Street |
Mar 2024 | Burglary | Under investigation | On or near Russell Street |
Mar 2024 | Anti-social behaviour | On or near Russell Street |