£59,931
This estimated value is based upon the latest sale price for the house of £59,000 on 29 Sep 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,000 | 29 Sep 2023 |
| £26,600 | 25 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 September 2023 the House Price Index for TYNE AND WEAR was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £59,000 results in an estimated price of approximately £59,931.
| 29 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £59,000 | £931 | £59,931 |
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 | -31.575 % | £-18,629 | £40,370 |
| 3 Month Average | -6.689 % | £-3,946 | £55,053 |
| 6 Month Average | -3.868 % | £-2,281 | £56,718 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £78,485 | £77,000 | 83 JAMES ARMITAGE STREET |
| 12 Dec 2023 | £40,313 | £39,550 | 41 MORGAN STREET |
| 10 Nov 2023 | £35,455 | £35,000 | 1 CHALFORD ROAD |
| 10 Nov 2023 | £35,455 | £35,000 | 127 CARLEY ROAD |
| 19 Apr 2023 | £60,399 | £59,950 | 86 EDWARD BURDIS STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 13 May 2015.
The average size of a house on JAMES ARMITAGE STREET is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near James Armitage Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near James Armitage Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near James Armitage Street |
| Jan 2024 | Other crime | Under investigation | On or near Chalford Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Edward Burdis Street |