£61,157
This estimated value is based upon the latest sale price for the house of £60,000 on 15 Dec 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 15 Dec 2023 |
| £83,000 | 16 Oct 2006 |
| £57,000 | 3 Jun 2005 |
| £20,700 | 17 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 67 sq meters or 721 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 December 2023 the House Price Index for TYNE AND WEAR was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £60,000 results in an estimated price of approximately £61,157.
| 15 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £60,000 | £1,157 | £61,157 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 21.885 % | £13,130 | £73,130 |
| 3 Month Average | -0.620 % | £-371 | £59,628 |
| 6 Month Average | -8.571 % | £-5,142 | £54,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £61,157 | £60,000 | 20 ALINE STREET |
| 17 Nov 2023 | £65,845 | £65,000 | 14 LORD STREET |
| 10 Nov 2023 | £33,429 | £33,000 | 26 LORD STREET |
| 9 Nov 2023 | £101,295 | £99,995 | 25 LORD STREET |
| 21 Aug 2023 | £110,623 | £109,950 | 23 LORD STREET |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 8 Dec 2014. Using an estimated price of £61,157 means this house is valued at £912 per sq meter (£84 per sq foot).
The average size of a house on ALINE STREET is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lord Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Byrne Terrace West |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Byrne Terrace West |