£157,379
This estimated value is based upon the latest sale price for the house of £93,000 on 23 Nov 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£93,000 | 23 Nov 2012 |
£46,500 | 26 Jul 2002 |
£39,500 | 27 Mar 1998 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 November 2012 the House Price Index for TYNE AND WEAR was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £93,000 results in an estimated price of approximately £157,379.
23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £93,000 | £64,379 | £157,379 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | -5.189 % | £-4,825 | £88,174 |
3 Month Average | 6.097 % | £5,670 | £98,670 |
6 Month Average | 17.565 % | £16,335 | £109,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £71,259 | £70,300 | 8 RAILWAY STREET |
10 Jul 2023 | £50,682 | £50,000 | 137 ALBERT ROAD |
4 Jul 2023 | £250,877 | £247,500 | 23 KENT STREET |
14 Apr 2023 | £137,480 | £136,000 | 177 ALBERT ROAD |
1 Mar 2023 | £143,351 | £142,000 | 22 KENT STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 9 Jul 2012. Using an estimated price of £157,380 means this house is valued at £1,605 per sq meter (£149 per sq foot).
The average size of a house on LEOPOLD STREET is 140 sq meters (1,515 sq feet).
This house is the smallest in the street with a floor area of 98 sq meters (1,054 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Arthur Street |
Jan 2024 | Public order | Under investigation | On or near Humbert Street |
Mar 2024 | Other theft | Under investigation | On or near Jarrow Bus Station |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Jarrow Bus Station |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jarrow Bus Station |