£121,105
This estimated value is based upon the latest sale price for the house of £89,000 on 16 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,000 | 16 Mar 2016 |
£77,500 | 2 Aug 2010 |
£35,000 | 10 Nov 2000 |
£31,000 | 12 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 144 sq meters or 1,550 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £89,000 results in an estimated price of approximately £121,105.
16 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £89,000 | £32,105 | £121,105 |
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 | -18.451 % | £-16,421 | £72,578 |
3 Month Average | -0.860 % | £-765 | £88,234 |
6 Month Average | 5.107 % | £4,545 | £93,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £98,012 | £95,000 | 22 CHURCH STREET |
28 Jun 2023 | £59,186 | £58,000 | 9A BEATRICE TERRACE |
14 Jan 2022 | £92,237 | £87,000 | 12 BOULT TERRACE |
17 Dec 2021 | £69,076 | £64,000 | 8 MILL TERRACE |
10 Dec 2021 | £107,931 | £100,000 | 46 CHURCH STREET |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 18 Dec 2019. Using an estimated price of £121,106 means this house is valued at £841 per sq meter (£78 per sq foot).
The average size of a house on THE COVE is 103 sq meters (1,112 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Cove |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near The Cove |
Jun 2024 | Other theft | Under investigation | On or near The Cove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Cove |
Jun 2024 | Violence and sexual offences | Under investigation | On or near The Cove |