£87,161
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Nov 2021 |
| £76,000 | 8 Jul 2005 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £80,000 results in an estimated price of approximately £87,161.
| 11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £80,000 | £7,161 | £87,161 |
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 | 50.212 % | £40,169 | £120,169 |
| 3 Month Average | 18.058 % | £14,446 | £94,446 |
| 6 Month Average | 16.054 % | £12,843 | £92,843 |
| 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 |
| 27 Oct 2023 | £27,372 | £26,750 | 33 BRINKBURN STREET |
| 30 Jun 2023 | £175,517 | £172,000 | 76 ALNWICK ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 20 Sep 2021. Using an estimated price of £87,162 means this house is valued at £1,001 per sq meter (£93 per sq foot).
The average size of a house on ALNWICK ROAD is 85 sq meters (918 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Brabourne Street | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Street |
| Sep 2024 | Anti-social behaviour | On or near Eskdale Street | |
| Sep 2024 | Anti-social behaviour | On or near Eskdale Street | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Eskdale Street |