£54,763
This estimated value is based upon the latest sale price for the house of £44,000 on 5 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £44,000 | 5 Jun 2019 |
| £95,000 | 13 Sep 2006 |
| £86,000 | 21 Dec 2005 |
| £80,000 | 31 Oct 2005 |
| £44,000 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £44,000 results in an estimated price of approximately £54,763.
| 5 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £44,000 | £10,763 | £54,763 |
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 | -35.561 % | £-15,646 | £28,353 |
| 3 Month Average | -12.865 % | £-5,660 | £38,339 |
| 6 Month Average | -11.307 % | £-4,975 | £39,024 |
| 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 |
| 23 Feb 2023 | £56,075 | £55,700 | 15 OUTRAM STREET |
| 4 May 2022 | £52,364 | £51,000 | 12 ELIZABETH STREET |
| 24 Mar 2022 | £94,998 | £91,000 | 54 EDWIN STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 18 Mar 2019. Using an estimated price of £54,764 means this house is valued at £684 per sq meter (£63 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 | Drugs | Under investigation | On or near Elizabeth Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Henry Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |