£240,046
This estimated value is based upon the latest sale price for the house of £153,000 on 7 Aug 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £153,000 | 7 Aug 2007 |
| £82,000 | 10 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 133 sq meters or 1,431 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £153,000 results in an estimated price of approximately £240,046.
| 7 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £153,000 | £87,046 | £240,046 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -44.415 % | £-67,955 | £85,044 |
| 3 Month Average | 8.210 % | £12,560 | £165,560 |
| 6 Month Average | 6.345 % | £9,707 | £162,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £121,803 | £120,000 | 9 ELIZABETH STREET |
| 30 Jun 2023 | £233,832 | £231,000 | 17 KIRKSTONE AVENUE |
| 2 Jun 2023 | £156,901 | £155,000 | 14 JOANNAH STREET |
| 9 Mar 2023 | £166,569 | £165,000 | 6 JOANNAH STREET |
| 16 Jan 2023 | £340,894 | £342,500 | 8 KIRKSTONE AVENUE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 1 Aug 2014. Using an estimated price of £240,046 means this house is valued at £1,804 per sq meter (£167 per sq foot).
The average size of a house on ZION TERRACE is 169 sq meters (1,819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newbury Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hospital |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street | |
| Feb 2024 | Anti-social behaviour | On or near Joannah Street |