£100,891
This estimated value is based upon the latest sale price for the house of £95,500 on 7 Feb 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £95,500 | 7 Feb 2022 |
| £108,000 | 26 Jan 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £95,500 results in an estimated price of approximately £100,891.
| 7 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £95,500 | £5,391 | £100,891 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -12.052 % | £-11,509 | £83,990 |
| 3 Month Average | 2.501 % | £2,388 | £97,888 |
| 6 Month Average | -15.589 % | £-14,887 | £80,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £171,439 | £169,950 | 21 BROOKSIDE |
| 26 Oct 2023 | £127,905 | £125,000 | 18 MILL HILL |
| 25 Oct 2023 | £135,579 | £132,500 | 13 MILL TERRACE |
| 31 Aug 2023 | £432,806 | £425,000 | 18 THE GROVE |
| 27 Jun 2023 | £270,419 | £265,000 | 4 BURN CROOK |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 23 Nov 2018. Using an estimated price of £100,892 means this house is valued at £1,681 per sq meter (£156 per sq foot).
The average size of a house on MILL TERRACE is 92 sq meters (992 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near North Road | |
| Jun 2024 | Anti-social behaviour | On or near North Road | |
| May 2024 | Violence and sexual offences | Under investigation | On or near North Road |
| Apr 2024 | Public order | Under investigation | On or near North Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near North Road |