£80,143
This estimated value is based upon the latest sale price for the house of £67,000 on 8 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £67,000 | 8 Sep 2020 |
| £59,000 | 16 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £67,000 results in an estimated price of approximately £80,143.
| 8 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 149.7 | 19.617 % | £67,000 | £13,143 | £80,143 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 12.351 % | £8,274 | £75,274 |
| 3 Month Average | -13.699 % | £-9,178 | £57,821 |
| 6 Month Average | 6.485 % | £4,344 | £71,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £225,000 | £225,000 | 228 CHESTER ROAD |
| 28 Nov 2023 | £109,787 | £107,000 | 77 SORLEY STREET |
| 3 Nov 2023 | £99,526 | £97,000 | 33 ELDON STREET |
| 11 Aug 2023 | £81,469 | £80,000 | 29 ELDON STREET |
| 30 Jun 2023 | £112,249 | £110,000 | 25 ELDON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Mar 2014. Using an estimated price of £80,143 means this house is valued at £1,178 per sq meter (£109 per sq foot).
The average size of a house on ELDON STREET is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Eldon Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Eldon Street |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Eldon Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rosslyn Terrace |
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Rosslyn Terrace |