£49,762
This estimated value is based upon the latest sale price for the house of £50,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 10 Mar 2023 |
| £52,000 | 25 Oct 2013 |
| £32,950 | 9 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2023 the House Price Index for TYNE AND WEAR was 147.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.475%.Applying this -0.475% change to the original purchase price of £50,000 results in an estimated price of approximately £49,762.
| 10 Mar 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 146.7 | -0.475 % | £50,000 | £-237 | £49,762 |
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 | -38.808 % | £-19,403 | £30,596 |
| 3 Month Average | -8.885 % | £-4,442 | £45,557 |
| 6 Month Average | -0.298 % | £-149 | £49,850 |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 24 Sep 2014.
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near A1052 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A1052 |
| Jan 2024 | Anti-social behaviour | On or near A1052 | |
| Jan 2024 | Anti-social behaviour | On or near A1052 | |
| Jan 2024 | Anti-social behaviour | On or near A1052 |