£86,134
This estimated value is based upon the latest sale price for the house of £69,520 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,520 | 26 Jan 2018 |
| £65,000 | 28 May 2010 |
| £66,000 | 2 Mar 2009 |
| £19,000 | 25 Jun 1999 |
| £23,000 | 17 Dec 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 71 sq meters or 767 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £69,520 results in an estimated price of approximately £86,134.
| 26 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £69,520 | £16,614 | £86,134 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 34.098 % | £23,704 | £93,224 |
| 3 Month Average | 1.613 % | £1,121 | £70,641 |
| 6 Month Average | 10.214 % | £7,100 | £76,620 |
This house has a floor area of 71 sq meters or 767 sq feet when measured on 19 Oct 2009.
The average size of a house on GOSCHEN STREET is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Goschen Street |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Goschen Street |
| Mar 2024 | Anti-social behaviour | On or near Balfour Street | |
| Mar 2024 | Anti-social behaviour | On or near Balfour Street | |
| Feb 2024 | Anti-social behaviour | On or near Balfour Street |