£80,459
This estimated value is based upon the latest sale price for the house of £55,000 on 19 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 |
|---|---|
| £55,000 | 19 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 £55,000 results in an estimated price of approximately £80,459.
| 19 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £55,000 | £25,459 | £80,459 |
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 | 138.237 % | £76,030 | £131,030 |
| 3 Month Average | 27.869 % | £15,328 | £70,328 |
| 6 Month Average | 16.311 % | £8,971 | £63,971 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £101,510 | £99,950 | 93 EGLINTON STREET |
| 15 Dec 2023 | £92,802 | £89,950 | 36 WARWICK STREET |
| 27 Nov 2023 | £99,526 | £97,000 | 87 NEWCASTLE ROAD |
| 22 Sep 2023 | £117,592 | £115,000 | 51 WARWICK STREET |
| 4 Sep 2023 | £38,345 | £37,500 | 43 NEWCASTLE ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 14 Jul 2016. Using an estimated price of £80,459 means this house is valued at £731 per sq meter (£67 per sq foot).
There is one other house on the street which we know the size of, this is 1 VICTORIA TERRACE SOUTH it is 97.0
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|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Abbs Street |
| Jul 2024 | Anti-social behaviour | On or near Stadium Of Light | |
| Jul 2024 | Anti-social behaviour | On or near Stadium Of Light | |
| Jul 2024 | Anti-social behaviour | On or near Stadium Of Light | |
| Jul 2024 | Anti-social behaviour | On or near Stadium Of Light |