£119,512
This estimated value is based upon the latest sale price for the house of £56,000 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £56,000 | 30 Jan 2004 |
| £25,500 | 16 Nov 2001 |
| £23,000 | 27 Nov 1998 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 January 2004 the House Price Index for TYNE AND WEAR was 69.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 113.416%.Applying this 113.416% change to the original purchase price of £56,000 results in an estimated price of approximately £119,512.
| 30 Jan 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.0 | 113.416 % | £56,000 | £63,512 | £119,512 |
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 | 24.062 % | £13,474 | £69,474 |
| 3 Month Average | 46.368 % | £25,965 | £81,965 |
| 6 Month Average | 55.492 % | £31,075 | £87,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £110,899 | £110,000 | 31 IRONSIDE STREET |
| 6 Apr 2023 | £57,427 | £57,000 | 4 HEATH GRANGE |
| 6 Jan 2023 | £131,842 | £133,000 | 9 HEATH GRANGE |
| 4 May 2022 | £51,770 | £51,000 | 12 ELIZABETH STREET |
| 24 Mar 2022 | £93,919 | £91,000 | 54 EDWIN STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 7 Nov 2013. Using an estimated price of £119,513 means this house is valued at £1,838 per sq meter (£170 per sq foot).
The average size of a house on ELIZABETH STREET is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Henry Street |
| Mar 2024 | Other theft | Under investigation | On or near Outram Street |