£168,838
This estimated value is based upon the latest sale price for the house of £104,950 on 25 May 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £104,950 | 25 May 2007 |
| £95,500 | 1 Sep 2006 |
| £36,000 | 19 Feb 1999 |
| Terraced |
| Freehold |
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 May 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.875%.Applying this 60.875% change to the original purchase price of £104,950 results in an estimated price of approximately £168,838.
| 25 May 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 149.7 | 60.875 % | £104,950 | £63,888 | £168,838 |
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 | -36.687 % | £-38,502 | £66,447 |
| 3 Month Average | 3.218 % | £3,377 | £108,327 |
| 6 Month Average | 2.733 % | £2,868 | £107,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £310,000 | £310,000 | HARWIN WALLACE STREET |
| 6 Oct 2023 | £102,324 | £100,000 | 110 BURN PARK ROAD |
| 8 Sep 2023 | £68,510 | £67,000 | 27 GILPIN STREET |
| 31 Aug 2023 | £57,029 | £56,000 | 5 WALLACE STREET |
| 28 Apr 2023 | £78,468 | £77,000 | 72 BURN PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gilpin Street |
| Apr 2024 | Possession of weapons | Under investigation | On or near Gilpin Street |
| May 2024 | Criminal damage and arson | Under investigation | On or near Wallace Street |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wallace Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |