£74,502
This estimated value is based upon the latest sale price for the house of £63,000 on 7 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £63,000 | 7 Sep 2020 |
| £66,500 | 19 May 2006 |
| £20,000 | 6 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 Apr 2024 is 148.0 which is a change of 18.259%.Applying this 18.259% change to the original purchase price of £63,000 results in an estimated price of approximately £74,502.
| 7 Sep 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.0 | 18.259 % | £63,000 | £11,502 | £74,502 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -27.718 % | £-17,462 | £45,537 |
| 3 Month Average | -37.844 % | £-23,842 | £39,157 |
| 6 Month Average | -16.001 % | £-10,080 | £52,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £49,950 | £49,950 | 27 TRINITY STREET |
| 11 Apr 2023 | £44,329 | £44,000 | 9 FITZROY TERRACE |
| 24 Mar 2023 | £62,337 | £62,000 | 1 PARK ROW |
| 23 Feb 2023 | £99,529 | £100,000 | 10 FREDA STREET |
| 19 Aug 2022 | £65,060 | £65,500 | 6 PARK TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Jan 2017. Using an estimated price of £74,503 means this house is valued at £1,128 per sq meter (£104 per sq foot).
The average size of a house on PARK ROW is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Park Terrace |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park Terrace |
| Mar 2024 | Shoplifting | Under investigation | On or near Park Terrace |
| Mar 2024 | Anti-social behaviour | On or near Park Terrace |