£168,220
This estimated value is based upon the latest sale price for the house of £129,950 on 21 Dec 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £129,950 | 21 Dec 2016 |
| £95,000 | 23 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £129,950 results in an estimated price of approximately £168,220.
| 21 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £129,950 | £38,270 | £168,220 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 17.608 % | £22,881 | £152,831 |
| 3 Month Average | 9.395 % | £12,208 | £142,158 |
| 6 Month Average | 18.197 % | £23,646 | £153,596 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 24 Sep 2015.
The average size of a house on INVERNESS STREET is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Inverness Street |
| Mar 2024 | Anti-social behaviour | On or near Cromarty Street | |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Fulwell Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Laburnum Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tyzack Crescent |