£167,350
This estimated value is based upon the latest sale price for the house of £115,000 on 13 Mar 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £115,000 | 13 Mar 2015 |
| £65,000 | 16 May 2014 |
| £90,000 | 31 Oct 2006 |
| £69,950 | 24 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2015 the House Price Index for TYNE AND WEAR was 100.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 45.522%.Applying this 45.522% change to the original purchase price of £115,000 results in an estimated price of approximately £167,350.
| 13 Mar 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 146.7 | 45.522 % | £115,000 | £52,350 | £167,350 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 15.798 % | £18,167 | £133,167 |
| 3 Month Average | 0.925 % | £1,063 | £116,063 |
| 6 Month Average | -2.652 % | £-3,050 | £111,949 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 20 Apr 2015.
The average size of a house on JERVIS STREET is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Oxford Crescent |
| Mar 2024 | Other theft | Under investigation | On or near Oxford Crescent |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Oxford Crescent |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Jervis Street |
| Dec 2023 | Anti-social behaviour | On or near Jervis Street |