£68,281
This estimated value is based upon the latest sale price for the house of £67,500 on 29 Feb 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,500 | 29 Feb 2024 |
| £130,000 | 10 Aug 2007 |
| £65,000 | 29 Sep 2000 |
| Terraced |
| 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 2024 the House Price Index for TYNE AND WEAR was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £67,500 results in an estimated price of approximately £68,281.
| 29 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 148.6 | 1.157 % | £67,500 | £781 | £68,281 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -20.688 % | £-13,964 | £53,535 |
| 3 Month Average | 4.012 % | £2,708 | £70,208 |
| 6 Month Average | -2.679 % | £-1,808 | £65,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £74,102 | £75,000 | 9 CHESTER TERRACE NORTH |
| 8 Aug 2022 | £196,970 | £197,500 | 10 ARROL PARK |
| 9 Apr 2022 | £51,490 | £50,000 | 4 ST MARKS TERRACE |
| 28 Jan 2022 | £65,775 | £62,500 | 16 ST MARKS STREET |
| 25 Oct 2021 | £82,931 | £74,950 | 8 HARLOW STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marks Crescent |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marks Crescent |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Chester Terrace North |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chester Terrace North |
| Feb 2024 | Public order | Under investigation | On or near Chester Terrace North |