£82,454
This estimated value is based upon the latest sale price for the house of £80,600 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,600 | 4 Mar 2022 |
| £115,000 | 3 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 2.301%.Applying this 2.301% change to the original purchase price of £80,600 results in an estimated price of approximately £82,454.
| 4 Mar 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 146.7 | 2.301 % | £80,600 | £1,854 | £82,454 |
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 | 19.078 % | £15,377 | £95,977 |
| 3 Month Average | -22.421 % | £-18,071 | £62,528 |
| 6 Month Average | -18.442 % | £-14,863 | £65,736 |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 Dec 2021.
The average size of a house on THE RETREAT is 141 sq meters (1,523 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Retreat |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Western Hill |
| Mar 2024 | Public order | Under investigation | 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 |