£87,722
This estimated value is based upon the latest sale price for the house of £69,000 on 30 Oct 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 |
|---|---|
| £69,000 | 30 Oct 2017 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 October 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £69,000 results in an estimated price of approximately £87,722.
| 30 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £69,000 | £18,722 | £87,722 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | -9.058 % | £-6,249 | £62,750 |
| 3 Month Average | 13.912 % | £9,599 | £78,599 |
| 6 Month Average | 17.133 % | £11,821 | £80,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £70,000 | £70,000 | 6 KENDAL HOUSE KENDAL PLACE |
| 29 Sep 2023 | £92,540 | £90,500 | 11 BRINKBURN STREET |
| 19 Apr 2023 | £50,953 | £50,000 | 15 BRINKBURN STREET |
| 31 Mar 2023 | £70,782 | £69,600 | 242 SHIELDS ROAD |
| 10 Mar 2023 | £167,802 | £165,000 | 200 - 202 SHIELDS ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 30 Jun 2017. Using an estimated price of £87,723 means this house is valued at £963 per sq meter (£89 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Brinkburn Street | |
| Jun 2024 | Anti-social behaviour | On or near Brinkburn Street | |
| Jun 2024 | Drugs | Under investigation | On or near Brinkburn Street |
| Jun 2024 | Anti-social behaviour | On or near Brinkburn Street | |
| May 2024 | Anti-social behaviour | On or near Brinkburn Street |