£49,218
This estimated value is based upon the latest sale price for the house of £39,999 on 26 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 |
|---|---|
| £39,999 | 26 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 Apr 2024 is 148.0 which is a change of 23.050%.Applying this 23.050% change to the original purchase price of £39,999 results in an estimated price of approximately £49,218.
| 26 Jun 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.050 % | £39,999 | £9,219 | £49,218 |
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 | -31.132 % | £-12,452 | £27,546 |
| 3 Month Average | 15.663 % | £6,265 | £46,264 |
| 6 Month Average | 20.286 % | £8,114 | £48,113 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £60,138 | £59,000 | 1 FINSBURY STREET |
| 3 Aug 2023 | £63,385 | £63,000 | 12 EMPRESS STREET |
| 30 Jun 2023 | £45,368 | £45,000 | 1 EMPRESS STREET |
| 29 Mar 2023 | £61,332 | £61,000 | 14 ROSS STREET |
| 26 Jan 2023 | £60,469 | £61,000 | 7 BYRON STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 30 Apr 2018. Using an estimated price of £49,219 means this house is valued at £534 per sq meter (£49 per sq foot).
The average size of a house on SWAN STREET is 78 sq meters (844 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Chilton Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chilton Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chilton Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chilton Street |
| Apr 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Columba Street |