£109,760
This estimated value is based upon the latest sale price for the house of £90,000 on 17 Jan 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 |
|---|---|
| £90,000 | 17 Jan 2019 |
| £22,000 | 11 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.956%.Applying this 21.956% change to the original purchase price of £90,000 results in an estimated price of approximately £109,760.
| 17 Jan 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.956 % | £90,000 | £19,760 | £109,760 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -6.480 % | £-5,831 | £84,168 |
| 3 Month Average | 8.402 % | £7,562 | £97,562 |
| 6 Month Average | -7.315 % | £-6,583 | £83,416 |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 May 2012.
The average size of a house on THE RETREAT is 141 sq meters (1,523 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Retreat |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Western Hill |
| Mar 2024 | Public order | Under investigation | On or near Western Hill |
| Feb 2024 | Anti-social behaviour | On or near Western Hill | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Western Hill |