£85,731
This estimated value is based upon the latest sale price for the house of £67,500 on 11 Aug 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 |
---|---|
£67,500 | 11 Aug 2017 |
£21,000 | 28 Jun 2001 |
Flats/Maisonettes |
Freehold |
Floor Area: 68 sq meters or 739 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 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £67,500 results in an estimated price of approximately £85,731.
11 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £67,500 | £18,231 | £85,731 |
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 | -16.473 % | £-11,119 | £56,380 |
3 Month Average | -20.273 % | £-13,684 | £53,815 |
6 Month Average | 8.838 % | £5,965 | £73,465 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £274,057 | £270,000 | 19 PALMERSTON STREET |
20 Jul 2023 | £40,495 | £39,950 | 251 DEAN ROAD |
7 Jul 2023 | £88,187 | £87,000 | 225 WHARFEDALE DRIVE |
8 Jun 2023 | £86,812 | £85,760 | 223 WHARFEDALE DRIVE |
25 Apr 2023 | £58,631 | £58,000 | 229 DEAN ROAD |
This house has a floor area of 68 sq meters or 739 sq feet when measured on 12 Mar 2012. Using an estimated price of £85,731 means this house is valued at £1,247 per sq meter (£115 per sq foot).
The average size of a house on JOHNSON STREET is 81 sq meters (876 sq feet).
This house is the largest in the street with a floor area of 68 sq meters (739 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Theft from the person | Under investigation | On or near Johnson Street |
Mar 2024 | Anti-social behaviour | On or near Johnson Street | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Johnson Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Johnson Street |
Jan 2024 | Public order | Under investigation | On or near Johnson Street |