£140,080
This estimated value is based upon the latest sale price for the house of £29,750 on 19 May 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £29,750 | 19 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 1998 the House Price Index for TYNE AND WEAR was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £29,750 results in an estimated price of approximately £140,080.
| 19 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £29,750 | £110,330 | £140,080 |
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 | 187.968 % | £55,920 | £85,670 |
| 3 Month Average | 188.413 % | £56,052 | £85,802 |
| 6 Month Average | 197.524 % | £58,763 | £88,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £91,603 | £90,000 | 15 THE CEDARS |
| 30 Jun 2023 | £90,597 | £89,500 | 11 ALEXANDRA TERRACE |
| 20 Jul 2022 | £115,310 | £115,000 | 4 THE POPLARS |
| 10 Jun 2022 | £139,978 | £138,000 | 2 TULIP COURT |
| 22 Apr 2022 | £133,874 | £130,000 | 4 BUTTSFIELD TERRACE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Sep 2019. Using an estimated price of £140,080 means this house is valued at £1,867 per sq meter (£173 per sq foot).
The average size of a house on BUTTSFIELD TERRACE is 115 sq meters (1,243 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Poplars |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Penshaw Lane |