£102,069
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Oct 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£60,000 | 27 Oct 2010 |
£44,000 | 3 Apr 2003 |
£34,000 | 4 Dec 2001 |
£18,500 | 5 Jun 1998 |
Flats/Maisonettes |
Freehold |
Floor Area: 78 sq meters or 839 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 2010 the House Price Index for TYNE AND WEAR was 87.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.115%.Applying this 70.115% change to the original purchase price of £60,000 results in an estimated price of approximately £102,069.
27 Oct 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.4 | 148.6 | 70.115 % | £60,000 | £42,069 | £102,069 |
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 | -23.836 % | £-14,301 | £45,698 |
3 Month Average | -14.215 % | £-8,528 | £51,471 |
6 Month Average | 10.269 % | £6,161 | £66,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £81,202 | £80,000 | 1 NORTHCOTE STREET |
14 Jun 2023 | £70,858 | £70,000 | 9 MILTON STREET |
5 Apr 2023 | £68,740 | £68,000 | 3 STANHOPE ROAD |
4 Apr 2023 | £126,361 | £125,000 | 138A DEAN ROAD |
22 Mar 2023 | £80,759 | £79,998 | 115A DEAN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Sep 2018. Using an estimated price of £102,069 means this house is valued at £1,308 per sq meter (£121 per sq foot).
The average size of a house on NORTHCOTE STREET is 73 sq meters (790 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Stanhope Parade |
Jan 2024 | Anti-social behaviour | On or near Stanhope Parade | |
Jan 2024 | Public order | Awaiting court outcome | On or near Stanhope Parade |
Jan 2024 | Anti-social behaviour | On or near Stanhope Parade | |
Jan 2024 | Anti-social behaviour | On or near Stanhope Parade |