£146,246
This estimated value is based upon the latest sale price for the house of £80,060 on 2 Sep 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,060 | 2 Sep 2005 |
| £70,000 | 4 May 2005 |
| 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 September 2005 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £80,060 results in an estimated price of approximately £146,246.
| 2 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £80,060 | £66,186 | £146,246 |
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 | 35.217 % | £28,194 | £108,254 |
| 3 Month Average | 16.940 % | £13,561 | £93,621 |
| 6 Month Average | 14.740 % | £11,800 | £91,860 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £81,425 | £80,000 | 9 WHELER STREET |
| 3 Nov 2023 | £64,759 | £63,800 | 19 STATION ROAD |
| 17 Aug 2023 | £80,706 | £80,000 | 2 CROSS STREET |
| 31 Jul 2023 | £42,573 | £42,000 | 20 CROSS STREET |
| 28 Jul 2023 | £162,183 | £160,000 | 83 NEWBOTTLE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wheler Street |
| Apr 2024 | Shoplifting | Awaiting court outcome | On or near Wheler Street |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wheler Street |
| Apr 2024 | Anti-social behaviour | On or near Wheler Street | |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wheler Street |