£153,058
This estimated value is based upon the latest sale price for the house of £103,000 on 29 Jan 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £103,000 | 29 Jan 2015 |
| £110,000 | 8 Dec 2006 |
| £69,500 | 31 May 2006 |
| £50,000 | 3 Feb 2006 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £103,000 results in an estimated price of approximately £153,058.
| 29 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 148.6 | 48.600 % | £103,000 | £50,058 | £153,058 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -6.860 % | £-7,065 | £95,934 |
| 3 Month Average | 19.191 % | £19,767 | £122,767 |
| 6 Month Average | 7.684 % | £7,914 | £110,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £111,653 | £110,000 | 5 CARIS STREET |
| 21 Jul 2023 | £60,819 | £60,000 | 41 CARR HILL ROAD |
| 21 Jul 2023 | £146,978 | £145,000 | 82 CARR HILL ROAD |
| 29 Jun 2023 | £58,711 | £58,000 | 7 CARIS STREET |
| 23 Jun 2023 | £134,631 | £133,000 | 78 CARR HILL ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 3 Mar 2014. Using an estimated price of £153,058 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on OLD DURHAM ROAD is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fullerton Place |
| Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Fullerton Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fullerton Place |
| Mar 2024 | Other crime | Under investigation | On or near Fullerton Place |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fullerton Place |