£83,116
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 25 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £70,000 results in an estimated price of approximately £83,116.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £70,000 | £13,116 | £83,116 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 29.918 % | £20,942 | £90,942 |
| 3 Month Average | -12.939 % | £-9,057 | £60,942 |
| 6 Month Average | -0.797 % | £-557 | £69,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £87,114 | £86,000 | 13 WOLSELEY TERRACE |
| 15 Aug 2023 | £75,662 | £75,000 | 11 WOLSELEY TERRACE |
| 4 Aug 2023 | £92,812 | £92,000 | 28 GENERAL GRAHAM STREET |
| 19 Jun 2023 | £122,484 | £121,000 | 23 GENERAL GRAHAM STREET |
| 16 Jun 2023 | £84,170 | £83,150 | 17 GENERAL GRAHAM STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 21 Oct 2019. Using an estimated price of £83,117 means this house is valued at £839 per sq meter (£77 per sq foot).
The average size of a house on BURNABY STREET is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near High Barnes Terrace |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near High Barnes Terrace |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near High Barnes Terrace |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near High Barnes Terrace |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Barnes Terrace |