£175,324
This estimated value is based upon the latest sale price for the house of £103,000 on 2 Jul 2012. 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 | 2 Jul 2012 |
| £67,500 | 16 Jan 2009 |
| £72,000 | 21 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 July 2012 the House Price Index for TYNE AND WEAR was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £103,000 results in an estimated price of approximately £175,324.
| 2 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £103,000 | £72,324 | £175,324 |
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 | 21.379 % | £22,020 | £125,020 |
| 3 Month Average | 10.692 % | £11,012 | £114,012 |
| 6 Month Average | 14.895 % | £15,341 | £118,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £82,105 | £81,000 | 11 CHURCH STREET |
| 3 Jul 2023 | £106,432 | £105,000 | 21 MARNE STREET |
| 28 Apr 2023 | £93,001 | £92,000 | 49 THIRLMERE CRESCENT |
| 10 Mar 2023 | £68,647 | £68,000 | 11 MILBURN TERRACE |
| 22 Jul 2022 | £75,202 | £75,000 | 3 MILBURN TERRACE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Jan 2014. Using an estimated price of £175,324 means this house is valued at £1,948 per sq meter (£180 per sq foot).
There is one other house on the street which we know the size of, this is 41 THE HARBOUR it is 103.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Derwent Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Thirlmere Crescent |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Thirlmere Crescent |
| Jan 2024 | Public order | Under investigation | On or near Thirlmere Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thirlmere Crescent |