£142,103
This estimated value is based upon the latest sale price for the house of £89,000 on 23 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,000 | 23 Mar 2007 |
| £85,500 | 16 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 59.667%.Applying this 59.667% change to the original purchase price of £89,000 results in an estimated price of approximately £142,103.
| 23 Mar 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 146.7 | 59.667 % | £89,000 | £53,103 | £142,103 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -14.279 % | £-12,708 | £76,291 |
| 3 Month Average | 0.240 % | £213 | £89,213 |
| 6 Month Average | -9.756 % | £-8,682 | £80,317 |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Jul 2021.
The average size of a house on WESTERN HILL is 146 sq meters (1,575 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Western Hill |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Western Hill |
| Feb 2024 | Anti-social behaviour | On or near Western Hill | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Western Hill |
| Feb 2024 | Anti-social behaviour | On or near Western Hill |