£101,836
This estimated value is based upon the latest sale price for the house of £58,500 on 25 Jul 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£58,500 | 25 Jul 2011 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 990 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £58,500 results in an estimated price of approximately £101,836.
25 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £58,500 | £43,336 | £101,836 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -21.101 % | £-12,343 | £46,156 |
3 Month Average | 5.070 % | £2,966 | £61,466 |
6 Month Average | 2.086 % | £1,220 | £59,720 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £83,727 | £83,000 | 40 OUTRAM STREET |
26 Jun 2023 | £112,249 | £110,000 | 31 IRONSIDE STREET |
6 Apr 2023 | £58,086 | £57,000 | 4 HEATH GRANGE |
23 Feb 2023 | £56,075 | £55,700 | 15 OUTRAM STREET |
6 Jan 2023 | £133,356 | £133,000 | 9 HEATH GRANGE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jul 2021. Using an estimated price of £101,837 means this house is valued at £1,106 per sq meter (£102 per sq foot).
The average size of a house on EDWIN STREET is 117 sq meters (1,264 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edwin Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |
Jul 2024 | Drugs | Under investigation | On or near Elizabeth Street |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
Jul 2024 | Anti-social behaviour | On or near Sunderland Street |