£117,475
This estimated value is based upon the latest sale price for the house of £92,500 on 29 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £92,500 | 29 Nov 2017 |
| £67,000 | 27 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £92,500 results in an estimated price of approximately £117,475.
| 29 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £92,500 | £24,975 | £117,475 |
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 | 58.432 % | £54,049 | £146,549 |
| 3 Month Average | 34.794 % | £32,184 | £124,684 |
| 6 Month Average | 29.404 % | £27,198 | £119,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £135,153 | £131,000 | 46 AFFLECK STREET |
| 20 Dec 2023 | £57,775 | £56,000 | 33 CLAREMONT SOUTH AVENUE |
| 22 Sep 2023 | £76,691 | £75,000 | 27 CLAREMONT NORTH AVENUE |
| 7 Aug 2023 | £142,571 | £140,000 | 61 CLAREMONT SOUTH AVENUE |
| 13 Jan 2023 | £86,230 | £86,000 | 14 AFFLECK STREET |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 10 Oct 2013. Using an estimated price of £117,475 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on AFFLECK STREET is 99 sq meters (1,072 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Oct 2024 | Anti-social behaviour | On or near Havelock Terrace | |
| Oct 2024 | Public order | Under investigation | On or near Havelock Terrace |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Havelock Terrace |
| Sep 2024 | Public order | Under investigation | On or near Havelock Terrace |