£139,558
This estimated value is based upon the latest sale price for the house of £112,000 on 2 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £112,000 | 2 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £112,000 results in an estimated price of approximately £139,558.
| 2 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £112,000 | £27,558 | £139,558 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | 13.526 % | £15,149 | £127,149 |
| 3 Month Average | 21.707 % | £24,311 | £136,311 |
| 6 Month Average | 19.037 % | £21,321 | £133,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £104,554 | £101,900 | 33 MAIN STREET |
| 29 Aug 2023 | £119,658 | £117,500 | 80 CHESTERS GARDENS |
| 14 Aug 2023 | £476,087 | £467,500 | ROSE VILLA MAIN STREET |
| 4 Jan 2023 | £88,236 | £88,000 | 12 DALE STREET |
| 17 Nov 2022 | £124,418 | £125,000 | 2 GARDEN TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 26 Mar 2018. Using an estimated price of £139,559 means this house is valued at £2,147 per sq meter (£199 per sq foot).
The average size of a house on VICTORIA STREET is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Wardle Terrace |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Dale Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dale Street |
| Oct 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Chamberlain Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Chamberlain Street |