£96,736
This estimated value is based upon the latest sale price for the house of £80,000 on 17 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 17 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £80,000 results in an estimated price of approximately £96,736.
| 17 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £80,000 | £16,736 | £96,736 |
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 | -29.964 % | £-23,971 | £56,028 |
| 3 Month Average | 23.593 % | £18,874 | £98,874 |
| 6 Month Average | 16.823 % | £13,458 | £93,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £83,789 | £83,000 | 27 SOUTH STREET |
| 20 May 2022 | £96,824 | £95,000 | 44 SOUTH STREET |
| 25 Apr 2022 | £139,023 | £135,000 | 4 SPRINGFIELD ROAD |
| 18 Feb 2022 | £94,383 | £90,000 | 12 KIRK VIEW |
| 11 Nov 2021 | £139,515 | £129,000 | 5 HARTOFT CLOSE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 16 Apr 2015. Using an estimated price of £96,736 means this house is valued at £1,272 per sq meter (£118 per sq foot).
The average size of a house on CATHEDRAL VIEW is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Leas |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near The Leas |
| Apr 2024 | Public order | Under investigation | On or near St Cuthbert'S Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Cuthbert'S Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Cuthbert'S Road |