£79,670
This estimated value is based upon the latest sale price for the house of £40,000 on 21 Jun 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 |
|---|---|
| £40,000 | 21 Jun 2004 |
| £39,950 | 14 Mar 2003 |
| £29,000 | 30 Oct 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 June 2004 the House Price Index for TYNE AND WEAR was 75.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 99.175%.Applying this 99.175% change to the original purchase price of £40,000 results in an estimated price of approximately £79,670.
| 21 Jun 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 149.7 | 99.175 % | £40,000 | £39,670 | £79,670 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 111.334 % | £44,533 | £84,533 |
| 3 Month Average | 80.427 % | £32,170 | £72,170 |
| 6 Month Average | 89.579 % | £35,831 | £75,831 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £76,170 | £75,000 | 46 BRABOURNE STREET |
| 15 Dec 2023 | £55,712 | £54,000 | 33 ALNWICK ROAD |
| 24 Nov 2023 | £86,188 | £84,000 | 18 ALNWICK ROAD |
| 8 Nov 2023 | £46,172 | £45,000 | 503A STANHOPE ROAD |
| 27 Oct 2023 | £27,372 | £26,750 | 33 BRINKBURN STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 14 Feb 2020. Using an estimated price of £79,670 means this house is valued at £1,244 per sq meter (£115 per sq foot).
The average size of a house on BRABOURNE STREET is 74 sq meters (799 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Brabourne Street | |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brinkburn Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Brinkburn Street |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Brinkburn Street |
| Sep 2024 | Possession of weapons | Under investigation | On or near Brinkburn Street |