£110,899
This estimated value is based upon the latest sale price for the house of £89,000 on 23 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,000 | 23 Aug 2018 |
£74,000 | 25 Mar 2014 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £89,000 results in an estimated price of approximately £110,899.
23 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £89,000 | £21,899 | £110,899 |
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 | -32.911 % | £-29,291 | £59,708 |
3 Month Average | 1.348 % | £1,200 | £90,200 |
6 Month Average | 4.057 % | £3,610 | £92,610 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Oct 2023 | £86,924 | £84,950 | 6 ROSE STREET EAST |
1 Sep 2023 | £100,209 | £98,000 | 2 FRONT STREET WEST |
3 Feb 2023 | £114,767 | £114,000 | 1 BIRDS TERRACE |
27 Jan 2023 | £120,321 | £120,000 | 4 ROSE STREET EAST |
27 Jul 2022 | £116,164 | £115,000 | 1 DOUGLAS TERRACE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 15 Feb 2014. Using an estimated price of £110,899 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on DOUGLAS TERRACE is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Douglas Terrace | |
Jun 2024 | Vehicle crime | Under investigation | On or near Douglas Terrace |
May 2024 | Anti-social behaviour | On or near Douglas Terrace | |
May 2024 | Anti-social behaviour | On or near Douglas Terrace | |
May 2024 | Other crime | Under investigation | On or near Douglas Terrace |