£62,060
This estimated value is based upon the latest sale price for the house of £57,500 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £57,500 | 21 Dec 2021 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £57,500 results in an estimated price of approximately £62,060.
| 21 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £57,500 | £4,560 | £62,060 |
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 | -53.446 % | £-30,731 | £26,768 |
| 3 Month Average | -8.388 % | £-4,822 | £52,677 |
| 6 Month Average | -2.322 % | £-1,335 | £56,164 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £42,581 | £41,500 | 2 BLUMER STREET |
| 28 Jun 2023 | £66,329 | £65,000 | 9 SOUTH STREET |
| 17 Feb 2023 | £120,807 | £120,000 | 16 FRONT STREET |
| 31 Jan 2023 | £66,177 | £66,000 | 8 BLUMER STREET |
| 20 Apr 2022 | £204,372 | £197,000 | 46A AVON CRESCENT |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 13 Sep 2021. Using an estimated price of £62,060 means this house is valued at £569 per sq meter (£52 per sq foot).
The average size of a house on WYNYARD STREET is 126 sq meters (1,358 sq feet).
This house is the largest in the street with a floor area of 109 sq meters (1,173 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Wynyard Street |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Front Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near South Street |
| Jul 2024 | Drugs | Under investigation | On or near South Street |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |