£189,322
This estimated value is based upon the latest sale price for the house of £173,320 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£173,320 | 29 Oct 2021 |
£136,850 | 5 Apr 2012 |
Terraced |
Freehold |
Floor Area: 168 sq meters or 1,808 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 9.233%.Applying this 9.233% change to the original purchase price of £173,320 results in an estimated price of approximately £189,322.
29 Oct 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 146.7 | 9.233 % | £173,320 | £16,002 | £189,322 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -48.829 % | £-84,630 | £88,689 |
3 Month Average | -31.236 % | £-54,137 | £119,182 |
6 Month Average | -29.286 % | £-50,758 | £122,561 |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 5 Feb 2020.
The average size of a house on GREY TERRACE is 160 sq meters (1,728 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dinsdale Street South |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Dinsdale Street South |
Mar 2024 | Other crime | Under investigation | On or near Feather Bed Lane |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Feather Bed Lane |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Feather Bed Lane |