£126,446
This estimated value is based upon the latest sale price for the house of £55,000 on 22 Sep 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£55,000 | 22 Sep 2003 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2003 the House Price Index for TYNE AND WEAR was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £55,000 results in an estimated price of approximately £126,446.
22 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
65.1 | 149.7 | 129.902 % | £55,000 | £71,446 | £126,446 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 24.987 % | £13,742 | £68,742 |
3 Month Average | 72.660 % | £39,962 | £94,962 |
6 Month Average | 74.886 % | £41,187 | £96,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £83,727 | £83,000 | 40 OUTRAM STREET |
26 Jun 2023 | £112,249 | £110,000 | 31 IRONSIDE STREET |
23 Feb 2023 | £56,075 | £55,700 | 15 OUTRAM STREET |
3 May 2022 | £57,498 | £56,000 | 19 BALFOUR STREET |
24 Feb 2022 | £71,839 | £68,000 | 33 OUTRAM STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Jan 2018. Using an estimated price of £126,446 means this house is valued at £1,331 per sq meter (£123 per sq foot).
The average size of a house on IRONSIDE STREET is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edwin Street |
May 2024 | Violence and sexual offences | Under investigation | On or near Outram Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
Jul 2024 | Drugs | Under investigation | On or near Elizabeth Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |