£205,805
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Feb 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 |
|---|---|
| £120,000 | 3 Feb 2012 |
| £168,000 | 16 Dec 2010 |
| £61,500 | 24 Nov 1999 |
| Semi-Detached |
| 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 2012 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £120,000 results in an estimated price of approximately £205,805.
| 3 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £120,000 | £85,805 | £205,805 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -27.874 % | £-33,448 | £86,551 |
| 3 Month Average | 1.392 % | £1,670 | £121,670 |
| 6 Month Average | -2.225 % | £-2,669 | £117,330 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £39,000 | £39,000 | 7 ST PAULS TERRACE |
| 19 Jul 2023 | £108,967 | £107,500 | 19A ST PAULS TERRACE |
| 6 Apr 2023 | £101,088 | £100,000 | 14 ST PAULS TERRACE |
| 2 Mar 2023 | £156,676 | £155,200 | 11 HALIFAX PLACE |
| 3 Feb 2023 | £99,933 | £100,000 | 3 GREY TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colin Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colin Terrace |
| Feb 2024 | Anti-social behaviour | On or near Thomas Street | |
| Feb 2024 | Anti-social behaviour | On or near Thomas Street |