£210,582
This estimated value is based upon the latest sale price for the house of £100,000 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £100,000 | 19 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 March 2004 the House Price Index for TYNE AND WEAR was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £100,000 results in an estimated price of approximately £210,582.
| 19 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £100,000 | £110,582 | £210,582 |
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 | 50.148 % | £50,148 | £150,148 |
| 3 Month Average | 30.087 % | £30,087 | £130,087 |
| 6 Month Average | 49.287 % | £49,286 | £149,286 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £225,000 | £225,000 | 228 CHESTER ROAD |
| 28 Nov 2023 | £109,787 | £107,000 | 77 SORLEY STREET |
| 3 Nov 2023 | £99,526 | £97,000 | 33 ELDON STREET |
| 26 Oct 2023 | £102,324 | £100,000 | 44 ELDON STREET |
| 11 Aug 2023 | £81,469 | £80,000 | 29 ELDON STREET |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 21 Oct 2015. Using an estimated price of £210,582 means this house is valued at £1,712 per sq meter (£159 per sq foot).
The average size of a house on SORLEY STREET is 101 sq meters (1,095 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Eldon Street |
| Sep 2024 | Anti-social behaviour | On or near Eldon Street | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Eldon Street |
| Sep 2024 | Drugs | Under investigation | On or near Eldon Street |
| Sep 2024 | Anti-social behaviour | On or near Eldon Street |