£112,643
This estimated value is based upon the latest sale price for the house of £77,000 on 9 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £77,000 | 9 Jun 2015 |
| £26,000 | 24 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 631 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 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £77,000 results in an estimated price of approximately £112,643.
| 9 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £77,000 | £35,643 | £112,643 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -16.985 % | £-13,078 | £63,921 |
| 3 Month Average | 25.564 % | £19,684 | £96,684 |
| 6 Month Average | 27.161 % | £20,914 | £97,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £104,554 | £101,900 | 33 MAIN STREET |
| 29 Aug 2023 | £119,658 | £117,500 | 80 CHESTERS GARDENS |
| 14 Aug 2023 | £476,087 | £467,500 | ROSE VILLA MAIN STREET |
| 4 Jan 2023 | £88,236 | £88,000 | 12 DALE STREET |
| 17 Nov 2022 | £124,418 | £125,000 | 2 GARDEN TERRACE |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 20 Aug 2011. Using an estimated price of £112,643 means this house is valued at £1,920 per sq meter (£178 per sq foot).
The average size of a house on VICTORIA STREET is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Wardle Terrace |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Dale Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dale Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Chamberlain Street |
| Oct 2024 | Shoplifting | Under investigation | On or near Chamberlain Street |