£237,635
This estimated value is based upon the latest sale price for the house of £140,000 on 9 Apr 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £140,000 | 9 Apr 2010 |
| Terraced |
| Leasehold |
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 April 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £140,000 results in an estimated price of approximately £237,635.
| 9 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £140,000 | £97,635 | £237,635 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 36.313 % | £50,838 | £190,838 |
| 3 Month Average | 13.601 % | £19,041 | £159,041 |
| 6 Month Average | 7.493 % | £10,489 | £150,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,772,665 | £1,750,000 | GALA CLUBS PALLION NEW ROAD |
| 5 Sep 2023 | £84,075 | £83,000 | 8 PARK ROW |
| 24 Mar 2023 | £62,590 | £62,000 | 1 PARK ROW |
| 24 Feb 2023 | £57,961 | £58,000 | 30 DICKENS STREET |
| 1 Jul 2022 | £125,337 | £125,000 | 45 FORGE LYNN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbay Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbay Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abbay Street |
| Mar 2024 | Other theft | Under investigation | On or near Bus/Coach Station |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lisburn Terrace |