£69,710
This estimated value is based upon the latest sale price for the house of £55,000 on 29 Sep 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 |
---|---|
£55,000 | 29 Sep 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 583 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 September 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £55,000 results in an estimated price of approximately £69,710.
29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £55,000 | £14,710 | £69,710 |
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 | 45.164 % | £24,840 | £79,840 |
3 Month Average | 10.636 % | £5,849 | £60,849 |
6 Month Average | -5.936 % | £-3,264 | £51,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £112,000 | £112,000 | 59 TYNE VIEW PLACE |
27 Mar 2023 | £93,885 | £93,000 | 51 TYNE VIEW PLACE |
14 Feb 2023 | £99,933 | £100,000 | 54 TYNE VIEW PLACE |
19 Jan 2023 | £159,250 | £160,000 | 22 ABBEYFIELD CLOSE |
19 Aug 2022 | £87,265 | £87,500 | 19 TYNE VIEW PLACE |
This house has a floor area of 54 sq meters or 583 sq feet when measured on 19 Aug 2009. Using an estimated price of £69,711 means this house is valued at £1,285 per sq meter (£119 per sq foot).
The average size of a house on UPTON STREET is 109 sq meters (1,179 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Yetholm Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Yetholm Road |
Jan 2024 | Public order | Offender given a caution | On or near Yetholm Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Yetholm Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Yetholm Road |