£56,349
This estimated value is based upon the latest sale price for the house of £10,000 on 15 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£10,000 | 15 Jun 1995 |
Terraced |
Freehold |
Floor Area: 146 sq meters or 1,571 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 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £10,000 results in an estimated price of approximately £56,349.
15 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.6 | 463.491 % | £10,000 | £46,349 | £56,349 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 177.780 % | £17,778 | £27,778 |
3 Month Average | 166.704 % | £16,670 | £26,670 |
6 Month Average | 175.746 % | £17,574 | £27,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £107,373 | £106,000 | 4 EGERTON STREET |
1 Feb 2023 | £109,926 | £110,000 | 5 ST VINCENT STREET |
5 Jul 2022 | £50,135 | £50,000 | 13 EGERTON STREET |
16 Jun 2022 | £78,611 | £77,500 | 7 EGERTON STREET |
30 May 2022 | £147,785 | £145,000 | 4 PEEL STREET |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 24 Nov 2014. Using an estimated price of £56,349 means this house is valued at £385 per sq meter (£35 per sq foot).
The average size of a house on PEEL STREET is 149 sq meters (1,613 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Peel Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
Mar 2024 | Public order | Under investigation | On or near Egerton Street |
Feb 2024 | Anti-social behaviour | On or near Egerton Street | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Egerton Street |