£143,693
This estimated value is based upon the latest sale price for the house of £87,500 on 5 Jan 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 |
|---|---|
| £87,500 | 5 Jan 2007 |
| £67,000 | 8 Sep 2006 |
| £39,000 | 19 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 2007 the House Price Index for TYNE AND WEAR was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £87,500 results in an estimated price of approximately £143,693.
| 5 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £87,500 | £56,193 | £143,693 |
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 | 16.674 % | £14,589 | £102,089 |
| 3 Month Average | 10.962 % | £9,592 | £97,092 |
| 6 Month Average | 10.079 % | £8,819 | £96,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £148,904 | £147,000 | 12 MILLERS HILL |
| 4 Aug 2023 | £271,374 | £269,000 | BRINKBURN |
| 31 Jul 2023 | £82,105 | £81,000 | 11 CHURCH STREET |
| 14 Jul 2023 | £81,091 | £80,000 | 9 HENRY STREET |
| 14 Jul 2023 | £253,411 | £250,000 | THE SAWMILLS |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Sep 2014. Using an estimated price of £143,693 means this house is valued at £1,545 per sq meter (£143 per sq foot).
There is one other house on the street which we know the size of, this is 2 MONS CRESCENT it is 65.05
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Marne Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marne Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Windermere Crescent |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Windermere Crescent |