£62,565
This estimated value is based upon the latest sale price for the house of £49,000 on 29 Sep 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 |
|---|---|
| £49,000 | 29 Sep 2017 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 2017 the House Price Index for TYNE AND WEAR was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £49,000 results in an estimated price of approximately £62,565.
| 29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 149.7 | 27.685 % | £49,000 | £13,565 | £62,565 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -22.925 % | £-11,233 | £37,766 |
| 3 Month Average | 16.037 % | £7,858 | £56,858 |
| 6 Month Average | 10.504 % | £5,146 | £54,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £72,219 | £70,000 | 11 CROSS STREET |
| 4 Dec 2023 | £82,536 | £80,000 | 9 WHELER STREET |
| 3 Nov 2023 | £65,462 | £63,800 | 19 STATION ROAD |
| 23 Oct 2023 | £86,720 | £84,750 | 4 WHELER STREET |
| 17 Aug 2023 | £81,469 | £80,000 | 2 CROSS STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 Aug 2016. Using an estimated price of £62,566 means this house is valued at £595 per sq meter (£55 per sq foot).
The average size of a house on WHELER STREET is 130 sq meters (1,409 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Wheler Street |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Wheler Street |
| Jul 2024 | Shoplifting | Awaiting court outcome | On or near Wheler Street |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wheler Street |
| Jul 2024 | Shoplifting | Under investigation | On or near Wheler Street |