£188,570
This estimated value is based upon the latest sale price for the house of £107,000 on 31 Oct 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £107,000 | 31 Oct 2008 |
| £109,500 | 19 Dec 2005 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 863 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 2008 the House Price Index for TYNE AND WEAR was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £107,000 results in an estimated price of approximately £188,570.
| 31 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.9 | 149.7 | 76.234 % | £107,000 | £81,570 | £188,570 |
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 | 8.252 % | £8,829 | £115,829 |
| 3 Month Average | 6.548 % | £7,006 | £114,006 |
| 6 Month Average | 7.965 % | £8,522 | £115,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £55,815 | £54,100 | 22 HUME STREET |
| 16 Mar 2023 | £91,529 | £90,000 | 223 HYLTON ROAD |
| 30 Aug 2022 | £58,272 | £58,000 | 60 WASHINGTON STREET |
| 23 Jun 2022 | £78,682 | £77,000 | 9 BLACKETT TERRACE |
| 17 Jun 2022 | £61,259 | £59,950 | 66 WASHINGTON STREET |
This house has a floor area of 80 sq meters or 863 sq feet when measured on 30 Sep 2008. Using an estimated price of £188,571 means this house is valued at £2,351 per sq meter (£218 per sq foot).
The average size of a house on RUTLAND STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilson Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hume Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hume Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hume Street |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hume Street |