£202,658
This estimated value is based upon the latest sale price for the house of £111,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £111,000 | 8 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 May 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 82.576%.Applying this 82.576% change to the original purchase price of £111,000 results in an estimated price of approximately £202,658.
| 8 May 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 146.7 | 82.576 % | £111,000 | £91,658 | £202,658 |
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 | 3.031 % | £3,364 | £114,364 |
| 3 Month Average | 18.374 % | £20,394 | £131,394 |
| 6 Month Average | 12.273 % | £13,623 | £124,623 |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 22 Jul 2019.
The average size of a house on ALICE STREET is 129 sq meters (1,398 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tunstall Terrace |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Tunstall Terrace |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Alice Street |
| Feb 2024 | Other theft | Under investigation | On or near Alice Street |
| Dec 2023 | Theft from the person | Under investigation | On or near Alice Street |