£106,761
This estimated value is based upon the latest sale price for the house of £79,500 on 31 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,500 | 31 May 2016 |
| £68,500 | 3 Feb 2012 |
| £78,000 | 28 Jan 2005 |
| £25,600 | 10 Mar 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 72 sq meters or 785 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 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £79,500 results in an estimated price of approximately £106,761.
| 31 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £79,500 | £27,261 | £106,761 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -30.838 % | £-24,516 | £54,983 |
| 3 Month Average | -2.391 % | £-1,901 | £77,598 |
| 6 Month Average | 17.204 % | £13,677 | £93,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £91,228 | £90,000 | 39 LIVINGSTONE PLACE |
| 15 Mar 2023 | £156,474 | £155,000 | 12 TRAJAN STREET |
| 3 Mar 2023 | £111,046 | £110,000 | 3 LIVINGSTONE PLACE |
| 3 Feb 2023 | £184,876 | £185,000 | 27 VESPASIAN STREET |
| 27 Oct 2022 | £49,467 | £50,000 | 11 MORTON WALK |
This house has a floor area of 72 sq meters or 785 sq feet when measured on 22 Jul 2011. Using an estimated price of £106,762 means this house is valued at £1,463 per sq meter (£135 per sq foot).
The average size of a house on BARING STREET is 118 sq meters (1,275 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Trajan Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morton Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Morton Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Anti-social behaviour | On or near Parking Area |