£112,690
This estimated value is based upon the latest sale price for the house of £105,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 30 Sep 2021 |
| £100,000 | 2 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £105,000 results in an estimated price of approximately £112,690.
| 30 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £105,000 | £7,690 | £112,690 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -52.118 % | £-54,724 | £50,275 |
| 3 Month Average | -2.828 % | £-2,969 | £102,030 |
| 6 Month Average | -5.143 % | £-5,399 | £99,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Jun 2023 | £151,226 | £150,000 | 1 NETHERBURN ROAD |
| 14 Apr 2023 | £171,223 | £169,950 | 13 NETHERBURN ROAD |
| 10 Mar 2023 | £76,916 | £76,500 | 35 DEVONSHIRE STREET |
| 31 Jan 2023 | £151,172 | £152,500 | 21 NEWINGTON COURT |
| 5 Jul 2022 | £94,872 | £95,000 | 80 DEVONSHIRE STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 25 Apr 2013. Using an estimated price of £112,690 means this house is valued at £1,024 per sq meter (£95 per sq foot).
The average size of a house on DEVONSHIRE STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newington Court |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crozier Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crozier Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Crozier Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Wayman Street |