£106,145
This estimated value is based upon the latest sale price for the house of £43,000 on 7 Feb 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near St Michaels
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| Price Paid | Date |
|---|---|
| £43,000 | 7 Feb 2003 |
| 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 February 2003 the House Price Index for TYNE AND WEAR was 60.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 146.849%.Applying this 146.849% change to the original purchase price of £43,000 results in an estimated price of approximately £106,145.
| 7 Feb 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 149.7 | 146.849 % | £43,000 | £63,145 | £106,145 |
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 | 1.622 % | £697 | £43,697 |
| 3 Month Average | 60.054 % | £25,823 | £68,823 |
| 6 Month Average | 68.281 % | £29,360 | £72,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £75,657 | £75,000 | 54 ST MICHAELS |
| 6 Dec 2023 | £42,300 | £41,000 | 34 SOUTH VIEW TERRACE |
| 23 Jun 2023 | £66,329 | £65,000 | 38 SOUTH VIEW TERRACE |
| 10 Mar 2023 | £89,495 | £88,000 | 25 ST MICHAELS |
| 26 Jan 2023 | £127,892 | £127,550 | 48 ST MICHAELS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near St Michaels |
| May 2024 | Anti-social behaviour | On or near St Michaels | |
| May 2024 | Anti-social behaviour | On or near St Michaels | |
| May 2024 | Anti-social behaviour | On or near St Michaels | |
| Jul 2024 | Public order | Awaiting court outcome | On or near St Andrews |