£93,910
This estimated value is based upon the latest sale price for the house of £49,950 on 21 Jan 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£49,950 | 21 Jan 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 71 sq meters or 771 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 January 2005 the House Price Index for TYNE AND WEAR was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £49,950 results in an estimated price of approximately £93,910.
21 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.0 | 148.6 | 88.008 % | £49,950 | £43,960 | £93,910 |
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 | 21.745 % | £10,861 | £60,811 |
3 Month Average | 53.123 % | £26,534 | £76,484 |
6 Month Average | 45.155 % | £22,555 | £72,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £71,000 | £71,000 | 73 BARRASFORD STREET |
6 Sep 2023 | £38,492 | £38,000 | 66 BARRASFORD STREET |
31 Aug 2023 | £52,459 | £52,000 | 66 GALLANT TERRACE |
31 Mar 2023 | £36,847 | £36,500 | 12 BARRASFORD STREET |
1 Jul 2022 | £88,238 | £88,000 | 72 GALLANT TERRACE |
This house has a floor area of 71 sq meters or 771 sq feet when measured on 13 Mar 2009. Using an estimated price of £93,910 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on BRINKBURN STREET is 84 sq meters (909 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Brinkburn Street | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Brinkburn Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Mitford Street |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mitford Street |
Mar 2024 | Public order | Under investigation | On or near Meldon Street |