£128,557
This estimated value is based upon the latest sale price for the house of £127,000 on 20 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 20 Jun 2023 |
| £99,000 | 16 Dec 2005 |
| £43,750 | 31 Aug 2000 |
| £44,000 | 6 Nov 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 June 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £127,000 results in an estimated price of approximately £128,557.
| 20 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £127,000 | £1,557 | £128,557 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -40.262 % | £-51,133 | £75,866 |
| 3 Month Average | -27.104 % | £-34,421 | £92,578 |
| 6 Month Average | -4.250 % | £-5,397 | £121,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £88,187 | £87,000 | 27 BIRCH STREET |
| 20 Jun 2023 | £128,557 | £127,000 | 12 HILL STREET |
| 31 Mar 2023 | £134,517 | £133,250 | 31 HOLLY STREET |
| 13 Jan 2023 | £129,390 | £130,000 | 44 BIRCH STREET |
| 29 Jul 2022 | £137,871 | £137,500 | 7 HILL STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 11 Nov 2009. Using an estimated price of £128,557 means this house is valued at £2,178 per sq meter (£202 per sq foot).
The average size of a house on HILL STREET is 102 sq meters (1,105 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Edith Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Edith Street |
| Jan 2024 | Anti-social behaviour | On or near Edith Street | |
| Jan 2024 | Anti-social behaviour | On or near Edith Street | |
| Jan 2024 | Anti-social behaviour | On or near Edith Street |