£245,121
This estimated value is based upon the latest sale price for the house of £40,000 on 26 Jul 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£40,000 | 26 Jul 2024 |
£65,000 | 2 Feb 2007 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 July 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £40,000 results in an estimated price of approximately £245,121.
26 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £40,000 | £205,121 | £245,121 |
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 | -24.620 % | £-9,848 | £30,151 |
3 Month Average | -6.964 % | £-2,785 | £37,214 |
6 Month Average | -1.128 % | £-451 | £39,548 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £123,125 | £120,000 | 11 LEAMINGTON STREET |
21 Aug 2023 | £93,690 | £92,000 | 3 VALE STREET |
30 Mar 2023 | £55,934 | £55,000 | 13 THELMA STREET |
1 Mar 2023 | £72,206 | £71,000 | 11 VALE STREET |
25 Aug 2022 | £93,387 | £92,950 | 17 HUTTON STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Feb 2019.
The average size of a house on THELMA STREET is 99 sq meters (1,075 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Thelma Street |
Jul 2024 | Burglary | Under investigation | On or near Hutton Street |
Jun 2024 | Burglary | Under investigation | On or near Hutton Street |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hutton Street |
May 2024 | Anti-social behaviour | On or near Hutton Street |