£43,531
This estimated value is based upon the latest sale price for the house of £36,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £36,000 | 31 Jul 2020 |
| £64,500 | 25 Feb 2005 |
| Freehold |
| Floor Area: 59 sq meters or 645 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £36,000 results in an estimated price of approximately £43,531.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £36,000 | £7,531 | £43,531 |
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 | -15.374 % | £-5,534 | £30,465 |
| 3 Month Average | 5.963 % | £2,146 | £38,146 |
| 6 Month Average | 26.448 % | £9,521 | £45,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £59,521 | £59,000 | 373 TAYLOR STREET |
| 14 Jul 2023 | £67,914 | £67,000 | 377 TAYLOR STREET |
| 23 Jun 2023 | £140,198 | £138,500 | 23 FRASER CLOSE |
| 7 Oct 2022 | £64,308 | £65,000 | 371 TAYLOR STREET |
| 21 Jul 2022 | £70,189 | £70,000 | 282 TAYLOR STREET |
This house has a floor area of 59 sq meters or 645 sq feet when measured on 15 Mar 2012. Using an estimated price of £43,531 means this house is valued at £725 per sq meter (£67 per sq foot).
The average size of a house on TAYLOR STREET is 71 sq meters (773 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Eldon Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Eldon Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near South Eldon Street |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near South Eldon Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Eldon Street |