£72,503
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 31 Jul 2015 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 58 sq meters or 624 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £50,000 results in an estimated price of approximately £72,503.
| 31 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £50,000 | £22,503 | £72,503 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -30.211 % | £-15,105 | £34,894 |
| 3 Month Average | -10.613 % | £-5,306 | £44,693 |
| 6 Month Average | -8.482 % | £-4,241 | £45,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2023 | £36,096 | £36,000 | 37 IMEARY STREET |
| 10 Nov 2022 | £72,660 | £73,000 | 125 EAST STEVENSON STREET |
| 22 Jun 2022 | £61,311 | £60,000 | 15 IMEARY STREET |
| 7 Jun 2022 | £143,058 | £140,000 | 92 DEAN ROAD |
| 11 May 2022 | £89,327 | £87,000 | 6 MOFFETT VILLAS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 8 Mar 2016. Using an estimated price of £72,503 means this house is valued at £1,250 per sq meter (£116 per sq foot).
There is one other house on the street which we know the size of, this is 48 WAWN STREET it is 48.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| May 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Marsden Street | |
| Apr 2024 | Anti-social behaviour | On or near Marsden Street |