£85,995
This estimated value is based upon the latest sale price for the house of £19,500 on 25 Jun 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £19,500 | 25 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 1999 the House Price Index for TYNE AND WEAR was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £19,500 results in an estimated price of approximately £85,995.
| 25 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £19,500 | £66,495 | £85,995 |
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 | 47.481 % | £9,258 | £28,758 |
| 3 Month Average | 136.143 % | £26,547 | £46,047 |
| 6 Month Average | 149.921 % | £29,234 | £48,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £45,500 | £45,500 | 2 BRITANNIA TERRACE |
| 2 May 2024 | £45,500 | £45,500 | 6 BRITANNIA TERRACE |
| 11 Dec 2023 | £128,963 | £125,000 | 33 CEDAR TERRACE |
| 9 Nov 2023 | £42,581 | £41,500 | 2 BLUMER STREET |
| 28 Jun 2023 | £66,329 | £65,000 | 9 SOUTH STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 4 Nov 2015. Using an estimated price of £85,996 means this house is valued at £1,036 per sq meter (£96 per sq foot).
The average size of a house on BLUMER STREET is 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near South Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near South Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near South Street |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cross Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cross Street |