£245,040
This estimated value is based upon the latest sale price for the house of £132,500 on 27 May 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 |
---|---|
£132,500 | 27 May 2005 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 2005 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £132,500 results in an estimated price of approximately £245,040.
27 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.936 % | £132,500 | £112,540 | £245,040 |
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 | 35.767 % | £47,391 | £179,891 |
3 Month Average | 16.545 % | £21,922 | £154,422 |
6 Month Average | 25.461 % | £33,735 | £166,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £66,484 | £65,500 | 22 ST MATTHEWS TERRACE |
22 Sep 2023 | £86,101 | £85,000 | 8 BROMPTON TERRACE |
1 Feb 2023 | £108,927 | £109,000 | 11 ST MATTHEWS TERRACE |
16 Nov 2022 | £74,102 | £75,000 | 6 CHARLES STREET |
17 Jun 2022 | £70,496 | £69,500 | 1 CHARLES STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Jun 2013. Using an estimated price of £245,040 means this house is valued at £2,094 per sq meter (£194 per sq foot).
The average size of a house on MAIDSTONE TERRACE is 157 sq meters (1,693 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Philadelphia Lane |
Mar 2024 | Burglary | Awaiting court outcome | On or near Wetherby Close |
Mar 2024 | Anti-social behaviour | On or near Charles Street | |
Mar 2024 | Anti-social behaviour | On or near Charles Street | |
Feb 2024 | Anti-social behaviour | On or near Charles Street |