£86,366
This estimated value is based upon the latest sale price for the house of £68,000 on 25 Aug 2017. This value is then adjusted by the current Official House Price Index for CUMBRIA 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£68,000 | 25 Aug 2017 |
Terraced |
Freehold |
Floor Area: 53 sq meters or 570 sq feet |
This model uses changes in the Official Land Registry House Price Index for CUMBRIA to estimate the market value.
When this house was purchased in August 2017 the House Price Index for CUMBRIA was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £68,000 results in an estimated price of approximately £86,366.
25 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £68,000 | £18,366 | £86,366 |
The Postcode Pricing Model uses changes in average sales price within the LA13 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 | -20.108 % | £-13,673 | £54,326 |
3 Month Average | 11.708 % | £7,961 | £75,961 |
6 Month Average | 7.720 % | £5,249 | £73,249 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £146,280 | £145,000 | 23 DURHAM STREET |
28 Apr 2023 | £111,197 | £110,000 | 30 GATESHEAD STREET |
24 Jun 2022 | £84,190 | £83,000 | 9 NEWCASTLE STREET |
7 Mar 2022 | £89,948 | £86,800 | 27 BROOK STREET |
9 Dec 2021 | £79,282 | £74,000 | 16 NEWCASTLE STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 18 May 2019. Using an estimated price of £86,366 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on NEWCASTLE STREET is 71 sq meters (765 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gateshead Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gateshead Street |
Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near Gateshead Street |