£87,625
This estimated value is based upon the latest sale price for the house of £75,000 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 9 Oct 2020 |
| £36,500 | 22 Nov 1996 |
| Terraced |
| Freehold |
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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £75,000 results in an estimated price of approximately £87,625.
| 9 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £75,000 | £12,625 | £87,625 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -19.400 % | £-14,550 | £60,449 |
| 3 Month Average | -9.496 % | £-7,121 | £67,878 |
| 6 Month Average | 5.124 % | £3,842 | £78,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2023 | £163,886 | £163,000 | 34 BRANDLING STREET |
| 3 Feb 2023 | £164,223 | £165,000 | 10 COOPER STREET |
| 13 Nov 2020 | £138,503 | £119,950 | 3 SELINA PLACE |
| 9 Oct 2020 | £87,626 | £75,000 | 8 COOPER STREET |
| 30 Sep 2020 | £93,424 | £79,000 | 115 ROKER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Langeeford Place |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Kelpie Gardens |
| Apr 2024 | Other theft | Under investigation | On or near Brandling Street South |
| Jan 2024 | Anti-social behaviour | On or near Brandling Street South | |
| Jan 2024 | Anti-social behaviour | On or near Brandling Street South |