£93,698
This estimated value is based upon the latest sale price for the house of £30,000 on 2 Jan 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£30,000 | 2 Jan 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 67 sq meters or 729 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 January 2002 the House Price Index for TYNE AND WEAR was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £30,000 results in an estimated price of approximately £93,698.
2 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £30,000 | £63,698 | £93,698 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 290.968 % | £87,290 | £117,290 |
3 Month Average | 265.813 % | £79,744 | £109,744 |
6 Month Average | 276.826 % | £83,047 | £113,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £111,425 | £110,000 | 57 STRATHMORE CRESCENT |
9 Feb 2023 | £44,970 | £45,000 | 148 COLSTON STREET |
8 Aug 2022 | £89,758 | £90,000 | 90 - 92 COLSTON STREET |
4 Mar 2022 | £102,590 | £99,000 | 95 CANNING STREET |
6 Jan 2022 | £48,937 | £46,500 | 180 CANNING STREET |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 16 Dec 2009. Using an estimated price of £93,699 means this house is valued at £1,383 per sq meter (£128 per sq foot).
The average size of a house on CANNING STREET is 73 sq meters (791 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Canning Street | |
Mar 2024 | Theft from the person | Under investigation | On or near Canning Street |
Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Canning Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Canning Street |
Feb 2024 | Anti-social behaviour | On or near Canning Street |