£95,846
This estimated value is based upon the latest sale price for the house of £96,500 on 18 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £96,500 | 18 Aug 2023 |
| £50,000 | 18 Sep 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 39 sq meters or 428 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 August 2023 the House Price Index for TYNE AND WEAR was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £96,500 results in an estimated price of approximately £95,846.
| 18 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £96,500 | £-653 | £95,846 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -36.903 % | £-35,611 | £60,888 |
| 3 Month Average | -4.421 % | £-4,266 | £92,233 |
| 6 Month Average | 2.856 % | £2,756 | £99,256 |
This house has a floor area of 39 sq meters or 428 sq feet when measured on 7 Dec 2009.
There is one other house on the street which we know the size of, this is 21 NILE STREET it is 91.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Nile Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Nile Street |
| Mar 2024 | Anti-social behaviour | On or near Nile Street | |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Nile Street |
| Feb 2024 | Public order | Under investigation | On or near Nile Street |