£61,922
This estimated value is based upon the latest sale price for the house of £53,000 on 26 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Frank Street
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| Price Paid | Date |
|---|---|
| £53,000 | 26 Oct 2020 |
| £75,500 | 30 Aug 2006 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 931 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £53,000 results in an estimated price of approximately £61,922.
| 26 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £53,000 | £8,922 | £61,922 |
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 | -45.860 % | £-24,305 | £28,694 |
| 3 Month Average | 3.709 % | £1,965 | £54,965 |
| 6 Month Average | -8.218 % | £-4,355 | £48,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £35,455 | £35,000 | 1 CHALFORD ROAD |
| 10 Nov 2023 | £35,455 | £35,000 | 127 CARLEY ROAD |
| 19 Apr 2023 | £60,399 | £59,950 | 86 EDWARD BURDIS STREET |
| 30 Jan 2023 | £79,302 | £79,999 | 81 CARLEY ROAD |
| 5 Jan 2023 | £54,521 | £55,000 | 75 EDWARD BURDIS STREET |
This house has a floor area of 86 sq meters or 931 sq feet when measured on 24 Sep 2009. Using an estimated price of £61,922 means this house is valued at £715 per sq meter (£66 per sq foot).
The average size of a house on FRANK STREET is 92 sq meters (995 sq feet).
This house is the largest in the street with a floor area of 86 sq meters (931 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Awaiting court outcome | On or near Frank Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Frank Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Frank Street |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Frank Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Frank Street |