£158,992
This estimated value is based upon the latest sale price for the house of £51,250 on 15 Feb 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £51,250 | 15 Feb 2002 |
| £30,000 | 19 Jun 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 February 2002 the House Price Index for TYNE AND WEAR was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £51,250 results in an estimated price of approximately £158,992.
| 15 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £51,250 | £107,742 | £158,992 |
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 | 29.637 % | £15,189 | £66,439 |
| 3 Month Average | 76.196 % | £39,050 | £90,300 |
| 6 Month Average | 100.586 % | £51,550 | £102,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £179,498 | £176,500 | 25 SOUTH STREET |
| 10 Mar 2023 | £96,613 | £95,000 | 19 SOUTH STREET |
| 10 Mar 2023 | £96,613 | £95,000 | 20 SOUTH STREET |
| 10 Mar 2023 | £165,768 | £163,000 | 17 SOUTH STREET |
| 10 Mar 2023 | £165,768 | £163,000 | 18 SOUTH STREET |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 1 Jul 2016. Using an estimated price of £158,992 means this house is valued at £1,303 per sq meter (£121 per sq foot).
There is one other house on the street which we know the size of, this is 9 THE LEAS it is 90.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Leas |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Leas |
| Jun 2024 | Other crime | Under investigation | On or near The Dell |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Dell |
| May 2024 | Anti-social behaviour | On or near Cathedral View |