£122,434
This estimated value is based upon the latest sale price for the house of £99,500 on 28 Jun 2019. 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 |
|---|---|
| £99,500 | 28 Jun 2019 |
| £50,000 | 16 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 762 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £99,500 results in an estimated price of approximately £122,434.
| 28 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £99,500 | £22,934 | £122,434 |
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 | -31.132 % | £-30,976 | £68,523 |
| 3 Month Average | 15.663 % | £15,585 | £115,085 |
| 6 Month Average | 20.286 % | £20,184 | £119,684 |
| 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 |
| 7 Mar 2023 | £83,451 | £83,000 | 36 JAMES STREET |
| 24 Feb 2023 | £57,727 | £58,000 | 30 DICKENS STREET |
This house has a floor area of 70 sq meters or 762 sq feet when measured on 20 Dec 2010. Using an estimated price of £122,435 means this house is valued at £1,729 per sq meter (£160 per sq foot).
The average size of a house on PARK TERRACE is 105 sq meters (1,130 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | 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 | Awaiting court outcome | On or near Park Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Park Terrace |
| Mar 2024 | Anti-social behaviour | On or near Park Terrace |