£61,554
This estimated value is based upon the latest sale price for the house of £52,000 on 21 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near South View Terrace
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| Price Paid | Date |
|---|---|
| £52,000 | 21 Aug 2020 |
| £56,650 | 29 Nov 2013 |
| £36,750 | 6 Dec 2002 |
| £22,000 | 30 Apr 1999 |
| £10,500 | 9 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 18.373%.Applying this 18.373% change to the original purchase price of £52,000 results in an estimated price of approximately £61,554.
| 21 Aug 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 146.7 | 18.373 % | £52,000 | £9,554 | £61,554 |
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 | 9.035 % | £4,698 | £56,698 |
| 3 Month Average | 15.977 % | £8,308 | £60,308 |
| 6 Month Average | 12.459 % | £6,478 | £58,478 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 20 Apr 2013.
The average size of a house on SOUTH VIEW TERRACE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South View Terrace |
| Mar 2024 | Drugs | Under investigation | On or near South View Terrace |
| Feb 2024 | Burglary | Awaiting court outcome | On or near South View Terrace |
| Feb 2024 | Anti-social behaviour | On or near South View Terrace | |
| Feb 2024 | Anti-social behaviour | On or near South View Terrace |