£215,968
This estimated value is based upon the latest sale price for the house of £38,500 on 22 Dec 1995. 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 John Street
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| Price Paid | Date |
|---|---|
| £38,500 | 22 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 December 1995 the House Price Index for TYNE AND WEAR was 26.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 460.958%.Applying this 460.958% change to the original purchase price of £38,500 results in an estimated price of approximately £215,968.
| 22 Dec 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 146.7 | 460.958 % | £38,500 | £177,468 | £215,968 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 148.406 % | £57,136 | £95,636 |
| 3 Month Average | 263.743 % | £101,540 | £140,040 |
| 6 Month Average | 243.569 % | £93,773 | £132,273 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 13 Aug 2014.
The average size of a house on TOWN SQUARE is 71 sq meters (774 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near John Street |
| Feb 2024 | Burglary | Under investigation | On or near John Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near John Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near John Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near John Street |