£114,600
This estimated value is based upon the latest sale price for the house of £93,000 on 14 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,000 | 14 Nov 2018 |
| £26,500 | 21 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £93,000 results in an estimated price of approximately £114,600.
| 14 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £93,000 | £21,600 | £114,600 |
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 | 93.930 % | £87,354 | £180,354 |
| 3 Month Average | 19.866 % | £18,475 | £111,475 |
| 6 Month Average | 16.871 % | £15,689 | £108,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,552 | £89,950 | 36 WARWICK STREET |
| 17 Nov 2023 | £77,650 | £76,500 | 68 EGLINTON STREET |
| 22 Sep 2023 | £116,489 | £115,000 | 51 WARWICK STREET |
| 13 Mar 2023 | £88,837 | £88,000 | 18 WARWICK STREET |
| 10 Mar 2023 | £77,228 | £76,500 | 35 DEVONSHIRE STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 25 Aug 2016. Using an estimated price of £114,601 means this house is valued at £979 per sq meter (£90 per sq foot).
The average size of a house on DEVONSHIRE STREET is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Devonshire Street |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Devonshire Street |
| Jan 2024 | Public order | Under investigation | On or near Devonshire Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Warwick Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Warwick Street |