£72,393
This estimated value is based upon the latest sale price for the house of £43,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Stothard Street
More crime details
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| Price Paid | Date |
|---|---|
| £43,000 | 4 May 2012 |
| £18,000 | 28 Mar 2011 |
| £63,000 | 17 Jul 2007 |
| £5,500 | 23 Mar 2000 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.357%.Applying this 68.357% change to the original purchase price of £43,000 results in an estimated price of approximately £72,393.
| 4 May 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 146.7 | 68.357 % | £43,000 | £29,393 | £72,393 |
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 | 9.479 % | £4,075 | £47,075 |
| 3 Month Average | 6.986 % | £3,004 | £46,004 |
| 6 Month Average | 28.341 % | £12,186 | £55,186 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 16 Jun 2017.
The average size of a house on RUSSELL STREET is 76 sq meters (824 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Stothard Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Stothard Street |
| Dec 2023 | Other theft | Under investigation | On or near Stothard Street |
| Mar 2024 | Burglary | Under investigation | On or near Russell Street |
| Mar 2024 | Anti-social behaviour | On or near Russell Street |