£218,075
This estimated value is based upon the latest sale price for the house of £127,500 on 17 Oct 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 |
|---|---|
| £127,500 | 17 Oct 2012 |
| £33,500 | 7 May 1999 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,158 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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £127,500 results in an estimated price of approximately £218,075.
| 17 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £127,500 | £90,575 | £218,075 |
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 | -40.403 % | £-51,514 | £75,985 |
| 3 Month Average | 3.206 % | £4,087 | £131,587 |
| 6 Month Average | 6.110 % | £7,790 | £135,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £92,853 | £90,000 | 15 THE CEDARS |
| 20 Oct 2023 | £64,464 | £63,000 | 6 WALLIS STREET |
| 30 Jun 2023 | £91,330 | £89,500 | 11 ALEXANDRA TERRACE |
| 20 Jul 2022 | £116,164 | £115,000 | 4 THE POPLARS |
| 10 Jun 2022 | £141,014 | £138,000 | 2 TULIP COURT |
This house has a floor area of 107 sq meters or 1,158 sq feet when measured on 3 Nov 2011. Using an estimated price of £218,076 means this house is valued at £2,026 per sq meter (£188 per sq foot).
The average size of a house on BUTTSFIELD TERRACE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rainton Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fenwick Street |