£139,951
This estimated value is based upon the latest sale price for the house of £80,000 on 10 Oct 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 10 Oct 2008 |
| £28,950 | 10 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 October 2008 the House Price Index for TYNE AND WEAR was 84.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.Applying this 74.939% change to the original purchase price of £80,000 results in an estimated price of approximately £139,951.
| 10 Oct 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 148.6 | 74.939 % | £80,000 | £59,951 | £139,951 |
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 | 42.418 % | £33,934 | £113,934 |
| 3 Month Average | 14.513 % | £11,610 | £91,610 |
| 6 Month Average | 6.864 % | £5,491 | £85,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £42,124 | £41,500 | 2 BLUMER STREET |
| 7 Nov 2023 | £65,977 | £65,000 | 21 DURHAM STREET |
| 29 Aug 2023 | £45,397 | £45,000 | 3 BLUMER STREET |
| 31 Jul 2023 | £39,532 | £39,000 | 11 BLUMER STREET |
| 28 Jun 2023 | £65,797 | £65,000 | 9 SOUTH STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Nov 2015. Using an estimated price of £139,951 means this house is valued at £1,488 per sq meter (£138 per sq foot).
The average size of a house on BRITANNIA TERRACE is 89 sq meters (958 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Britannia Terrace |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Britannia Terrace |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near South Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Front Street |