£153,700
This estimated value is based upon the latest sale price for the house of £47,500 on 7 Sep 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £47,500 | 7 Sep 2001 |
| £39,950 | 4 Sep 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 September 2001 the House Price Index for TYNE AND WEAR was 45.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 223.580%.Applying this 223.580% change to the original purchase price of £47,500 results in an estimated price of approximately £153,700.
| 7 Sep 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.3 | 146.7 | 223.580 % | £47,500 | £106,200 | £153,700 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 184.476 % | £87,626 | £135,126 |
| 3 Month Average | 124.361 % | £59,071 | £106,571 |
| 6 Month Average | 181.129 % | £86,036 | £133,536 |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 1 Sep 2014.
The average size of a house on MALCOLM STREET is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Malcolm Street | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Malcolm Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Malcolm Street |