£94,935
This estimated value is based upon the latest sale price for the house of £56,000 on 7 Sep 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 |
|---|---|
| £56,000 | 7 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 701 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 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.527%.Applying this 69.527% change to the original purchase price of £56,000 results in an estimated price of approximately £94,935.
| 7 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.527 % | £56,000 | £38,935 | £94,935 |
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 | -3.075 % | £-1,722 | £54,277 |
| 3 Month Average | -2.418 % | £-1,354 | £54,645 |
| 6 Month Average | 13.232 % | £7,410 | £63,410 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £72,264 | £71,000 | 48 NORTHBOURNE ROAD |
| 7 Sep 2023 | £71,920 | £71,000 | 64 NORTHBOURNE ROAD |
| 21 Jul 2023 | £121,637 | £120,000 | 224 ALBERT ROAD |
| 23 Jun 2023 | £182,207 | £180,000 | 7 NORTH VIEW |
| 19 Jun 2023 | £77,438 | £76,500 | 43 NORTHBOURNE ROAD |
This house has a floor area of 65 sq meters or 701 sq feet when measured on 6 Aug 2010. Using an estimated price of £94,935 means this house is valued at £1,456 per sq meter (£135 per sq foot).
The average size of a house on PINE STREET is 94 sq meters (1,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Dec 2023 | Anti-social behaviour | On or near Pine Street | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Gardens |