£166,920
This estimated value is based upon the latest sale price for the house of £104,950 on 25 May 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 |
|---|---|
| £104,950 | 25 May 2007 |
| £95,500 | 1 Sep 2006 |
| £36,000 | 19 Feb 1999 |
| Terraced |
| Freehold |
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 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 59.048%.Applying this 59.048% change to the original purchase price of £104,950 results in an estimated price of approximately £166,920.
| 25 May 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.1 | 148.0 | 59.048 % | £104,950 | £61,970 | £166,920 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 10.358 % | £10,870 | £115,820 |
| 3 Month Average | 11.977 % | £12,570 | £117,520 |
| 6 Month Average | 6.977 % | £7,321 | £112,271 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £56,343 | £56,000 | 5 WALLACE STREET |
| 28 Apr 2023 | £77,577 | £77,000 | 72 BURN PARK ROAD |
| 27 May 2022 | £113,182 | £111,500 | 102 BURN PARK ROAD |
| 22 Apr 2022 | £71,795 | £70,000 | 10 VIOLET STREET |
| 8 Apr 2022 | £186,667 | £182,000 | 111 DAIRY LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Under investigation | On or near Gilpin Street |
| Jan 2024 | Burglary | Under investigation | On or near Wallace Street |
| Jan 2024 | Burglary | Under investigation | On or near Wallace Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Burn Park Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Violet Street |