£79,899
This estimated value is based upon the latest sale price for the house of £64,000 on 13 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £64,000 | 13 Jul 2018 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £64,000 results in an estimated price of approximately £79,899.
| 13 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £64,000 | £15,899 | £79,899 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 28.089 % | £17,976 | £81,976 |
| 3 Month Average | 8.458 % | £5,412 | £69,412 |
| 6 Month Average | -4.080 % | £-2,610 | £61,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £70,613 | £70,000 | 41 ROBERT STREET |
| 15 Dec 2023 | £61,902 | £60,000 | 20 ALINE STREET |
| 6 Dec 2023 | £61,902 | £60,000 | 1 ROBERT STREET |
| 17 Nov 2023 | £66,693 | £65,000 | 14 LORD STREET |
| 10 Nov 2023 | £33,859 | £33,000 | 26 LORD STREET |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 5 Jan 2015. Using an estimated price of £79,899 means this house is valued at £878 per sq meter (£81 per sq foot).
The average size of a house on LORD STREET is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |
| Jun 2024 | Anti-social behaviour | On or near Robert Street | |
| Jun 2024 | Anti-social behaviour | On or near Robert Street | |
| Jun 2024 | Other theft | Under investigation | On or near Robert Street |