£79,306
This estimated value is based upon the latest sale price for the house of £61,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£61,000 | 3 Feb 2017 |
£120,000 | 4 Apr 2007 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 February 2017 the House Price Index for TYNE AND WEAR was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £61,000 results in an estimated price of approximately £79,306.
3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £61,000 | £18,306 | £79,306 |
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 | -5.083 % | £-3,100 | £57,899 |
3 Month Average | -13.965 % | £-8,518 | £52,481 |
6 Month Average | 12.049 % | £7,349 | £68,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £70,907 | £70,000 | 80 NORTHCOTE STREET |
4 Apr 2023 | £126,361 | £125,000 | 138A DEAN ROAD |
28 Oct 2022 | £59,361 | £60,000 | 83 NORTHCOTE STREET |
12 Aug 2022 | £109,705 | £110,000 | 114 - 116 DEAN ROAD |
11 Apr 2022 | £72,086 | £70,000 | 66 NORTHCOTE STREET |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 8 Aug 2017. Using an estimated price of £79,307 means this house is valued at £666 per sq meter (£61 per sq foot).
The average size of a house on NORTHCOTE STREET is 73 sq meters (790 sq feet).
This house is the largest in the street with a floor area of 119 sq meters (1,280 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Northcote Street |