£143,719
This estimated value is based upon the latest sale price for the house of £108,500 on 31 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £108,500 | 31 Oct 2016 |
| £93,000 | 19 May 2006 |
| £30,000 | 17 Dec 1999 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £108,500 results in an estimated price of approximately £143,719.
| 31 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £108,500 | £35,219 | £143,719 |
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 | 13.560 % | £14,712 | £123,212 |
| 3 Month Average | 11.931 % | £12,945 | £121,445 |
| 6 Month Average | 13.646 % | £14,806 | £123,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £142,442 | £139,950 | 4 BEATRICE STREET |
| 1 Sep 2023 | £158,020 | £156,000 | 8 BEATRICE STREET |
| 14 Aug 2023 | £138,714 | £137,500 | 88 BRIGHT STREET |
| 31 Jul 2023 | £167,251 | £165,000 | 11 BEATRICE STREET |
| 3 Mar 2023 | £135,274 | £134,000 | 24 CARDWELL STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Sep 2015. Using an estimated price of £143,720 means this house is valued at £1,330 per sq meter (£123 per sq foot).
The average size of a house on FORSTER STREET is 102 sq meters (1,107 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Beatrice Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beatrice Street |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beatrice Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beatrice Street |
| Mar 2024 | Other theft | Under investigation | On or near Beatrice Street |