£128,219
This estimated value is based upon the latest sale price for the house of £49,950 on 8 Nov 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £49,950 | 8 Nov 2002 |
| £32,000 | 13 Aug 1999 |
| Terraced |
| Freehold |
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 November 2002 the House Price Index for TYNE AND WEAR was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £49,950 results in an estimated price of approximately £128,219.
| 8 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £49,950 | £78,269 | £128,219 |
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 | 154.812 % | £77,328 | £127,278 |
| 3 Month Average | 108.054 % | £53,972 | £103,922 |
| 6 Month Average | 106.977 % | £53,434 | £103,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £55,000 | £55,000 | 29 VIOLET STREET |
| 3 Nov 2023 | £77,142 | £76,000 | 10 VIOLET STREET |
| 18 Apr 2023 | £101,088 | £100,000 | 26 HYLTON ROAD |
| 14 Apr 2023 | £80,871 | £80,000 | 6 ROSE STREET |
| 23 Mar 2023 | £135,274 | £134,000 | 32 HYLTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Rose Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rose Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rose Street |
| Feb 2024 | Anti-social behaviour | On or near Rose Street | |
| Feb 2024 | Anti-social behaviour | On or near Rose Street |