£141,812
This estimated value is based upon the latest sale price for the house of £120,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 16 Oct 2020 |
| £95,000 | 7 Nov 2011 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 955 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £120,000 results in an estimated price of approximately £141,812.
| 16 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £120,000 | £21,812 | £141,812 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 36.338 % | £43,605 | £163,605 |
| 3 Month Average | 19.791 % | £23,749 | £143,749 |
| 6 Month Average | 1.002 % | £1,202 | £121,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £85,745 | £85,000 | 21 NORTH ROAD |
| 12 Apr 2024 | £85,745 | £85,000 | 23 NORTH ROAD |
| 20 Dec 2023 | £72,219 | £70,000 | 9 EQUITABLE STREET |
| 18 Oct 2023 | £93,115 | £91,000 | 2 NORTH ROAD |
| 28 Apr 2023 | £142,668 | £140,000 | 11 MUTUAL STREET |
This house has a floor area of 88 sq meters or 955 sq feet when measured on 29 Apr 2011. Using an estimated price of £141,812 means this house is valued at £1,596 per sq meter (£148 per sq foot).
The average size of a house on ROCHDALE STREET is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Mutual Street | |
| Jun 2024 | Anti-social behaviour | On or near Mutual Street | |
| Jul 2024 | Burglary | Under investigation | On or near Elton Street West |
| Jun 2024 | Other crime | Under investigation | On or near Elton Street West |
| Jun 2024 | Anti-social behaviour | On or near Elton Street West |