£84,429
This estimated value is based upon the latest sale price for the house of £85,000 on 4 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 4 Aug 2022 |
| £86,000 | 3 Sep 2018 |
| £74,000 | 16 Apr 2008 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 August 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £85,000 results in an estimated price of approximately £84,429.
| 4 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £85,000 | £-570 | £84,429 |
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 | -40.328 % | £-34,278 | £50,721 |
| 3 Month Average | -13.097 % | £-11,132 | £73,867 |
| 6 Month Average | -2.078 % | £-1,766 | £83,233 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,685 | £89,950 | 36 WARWICK STREET |
| 27 Nov 2023 | £98,261 | £97,000 | 87 NEWCASTLE ROAD |
| 13 Mar 2023 | £88,478 | £88,000 | 18 WARWICK STREET |
| 10 Mar 2023 | £76,916 | £76,500 | 35 DEVONSHIRE STREET |
| 7 Feb 2023 | £91,567 | £92,000 | 53 WARWICK STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 Nov 2015. Using an estimated price of £84,430 means this house is valued at £948 per sq meter (£88 per sq foot).
The average size of a house on WARWICK STREET is 81 sq meters (878 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 |