£70,457
This estimated value is based upon the latest sale price for the house of £58,000 on 6 Jan 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 |
|---|---|
| £58,000 | 6 Jan 2020 |
| £50,000 | 5 Jun 2015 |
| £29,000 | 13 Jun 2003 |
| £22,000 | 16 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £58,000 results in an estimated price of approximately £70,457.
| 6 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £58,000 | £12,457 | £70,457 |
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 | -11.202 % | £-6,496 | £51,503 |
| 3 Month Average | 22.012 % | £12,766 | £70,766 |
| 6 Month Average | 24.159 % | £14,012 | £72,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £70,380 | £70,000 | 20 KISMET STREET |
| 22 Aug 2022 | £64,564 | £65,000 | 10 TENNYSON STREET |
| 11 Mar 2022 | £61,873 | £59,950 | 12 TENNYSON STREET |
| 8 Mar 2022 | £88,759 | £86,000 | 11 KISMET STREET |
| 4 Mar 2022 | £41,232 | £39,950 | 19 KISMET STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 Apr 2015. Using an estimated price of £70,458 means this house is valued at £992 per sq meter (£92 per sq foot).
The average size of a house on KISMET STREET is 69 sq meters (749 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kismet Street |
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Kismet Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Julius Caesar Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Churchill Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Churchill Avenue |