£120,937
This estimated value is based upon the latest sale price for the house of £122,000 on 27 Jan 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 |
|---|---|
| £122,000 | 27 Jan 2023 |
| £81,000 | 5 Mar 2019 |
| £52,000 | 28 May 2003 |
| £32,000 | 12 Jul 2002 |
| £14,000 | 3 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £122,000 results in an estimated price of approximately £120,937.
| 27 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £122,000 | £-1,062 | £120,937 |
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 | -52.453 % | £-63,992 | £58,007 |
| 3 Month Average | -4.610 % | £-5,624 | £116,375 |
| 6 Month Average | -2.206 % | £-2,690 | £119,309 |
| 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 |
| 25 Jul 2023 | £49,468 | £49,000 | 11 RIDLEY STREET |
| 27 Jan 2023 | £120,938 | £122,000 | 93 THOMPSON ROAD |
| 31 Jan 2022 | £96,955 | £92,500 | 49 COLDSTREAM AVENUE |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 18 Oct 2018. Using an estimated price of £120,938 means this house is valued at £746 per sq meter (£69 per sq foot).
The average size of a house on THOMPSON ROAD is 107 sq meters (1,154 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Awaiting court outcome | On or near Collingwood Street |
| Mar 2024 | Anti-social behaviour | On or near Collingwood Street | |
| Mar 2024 | Anti-social behaviour | On or near Collingwood Street | |
| Feb 2024 | Drugs | Under investigation | On or near Collingwood Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Collingwood Street |