£134,549
This estimated value is based upon the latest sale price for the house of £110,000 on 1 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £110,000 | 1 May 2020 |
| £110,000 | 1 Apr 2020 |
| £65,000 | 13 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £110,000 results in an estimated price of approximately £134,549.
| 1 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £110,000 | £24,549 | £134,549 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | -26.876 % | £-29,564 | £80,435 |
| 3 Month Average | 27.190 % | £29,909 | £139,909 |
| 6 Month Average | 17.230 % | £18,952 | £128,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £83,626 | £82,500 | 25 NORTH ROAD |
| 26 Jul 2023 | £83,626 | £82,500 | 27 NORTH ROAD |
| 19 Jul 2023 | £96,296 | £95,000 | 9 BLENKINSOP STREET |
| 28 Apr 2023 | £141,524 | £140,000 | 11 MUTUAL STREET |
| 31 Jan 2023 | £125,409 | £126,000 | 2 HARRINGTON STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 6 Sep 2016. Using an estimated price of £134,550 means this house is valued at £1,293 per sq meter (£120 per sq foot).
The average size of a house on MUTUAL STREET is 99 sq meters (1,067 sq feet).
This house is the largest in the street with a floor area of 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Equitable Street | |
| Jan 2024 | Anti-social behaviour | On or near Equitable Street | |
| Jan 2024 | Anti-social behaviour | On or near Equitable Street | |
| Dec 2023 | Anti-social behaviour | On or near Equitable Street | |
| Dec 2023 | Anti-social behaviour | On or near Equitable Street |