£154,251
This estimated value is based upon the latest sale price for the house of £38,000 on 23 Dec 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£38,000 | 23 Dec 1999 |
Semi-Detached |
Freehold |
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 1999 the House Price Index for TYNE AND WEAR was 36.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 305.926%.Applying this 305.926% change to the original purchase price of £38,000 results in an estimated price of approximately £154,251.
23 Dec 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.9 | 149.7 | 305.926 % | £38,000 | £116,251 | £154,251 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 113.814 % | £43,249 | £81,249 |
3 Month Average | 108.718 % | £41,312 | £79,312 |
6 Month Average | 127.022 % | £48,268 | £86,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £45,500 | £45,500 | 2 BRITANNIA TERRACE |
7 Nov 2023 | £66,693 | £65,000 | 21 DURHAM STREET |
23 Oct 2023 | £97,208 | £95,000 | 30 DURHAM STREET |
5 Jun 2023 | £81,636 | £80,000 | 26 DURHAM STREET |
31 Mar 2023 | £93,563 | £92,000 | 6 DUBMIRE COTTAGES |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Chilton Gardens |
Jul 2024 | Violence and sexual offences | Under investigation | On or near James Terrace |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Railway Cottages |
Aug 2024 | Anti-social behaviour | On or near Railway Cottages | |
Aug 2024 | Anti-social behaviour | On or near Railway Cottages |