£112,408
This estimated value is based upon the latest sale price for the house of £30,000 on 28 Jul 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Langley Street
More crime details
Get our free house price tracker.
Price Paid | Date |
---|---|
£30,000 | 28 Jul 2000 |
£27,050 | 5 Dec 1997 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 July 2000 the House Price Index for TYNE AND WEAR was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £30,000 results in an estimated price of approximately £112,408.
28 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 149.7 | 274.694 % | £30,000 | £82,408 | £112,408 |
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 | 37.594 % | £11,278 | £41,278 |
3 Month Average | 99.680 % | £29,903 | £59,903 |
6 Month Average | 102.851 % | £30,855 | £60,855 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £83,052 | £80,500 | 8 FENTON TERRACE |
1 Dec 2023 | £55,712 | £54,000 | 54 FENTON TERRACE |
20 Sep 2023 | £92,029 | £90,000 | 59 LANTON STREET |
19 Sep 2023 | £107,367 | £105,000 | 28 RAILWAY TERRACE |
14 Jun 2023 | £69,391 | £68,000 | 25 LANGLEY STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Nov 2015. Using an estimated price of £112,408 means this house is valued at £1,248 per sq meter (£116 per sq foot).
The average size of a house on LANGLEY STREET is 87 sq meters (940 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Langley Street |
Jul 2024 | Anti-social behaviour | On or near Langley Street | |
Jul 2024 | Anti-social behaviour | On or near Langley Street | |
Jul 2024 | Anti-social behaviour | On or near Langley Street | |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langley Street |