£323,160
This estimated value is based upon the latest sale price for the house of £265,000 on 28 Feb 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 |
|---|---|
| £265,000 | 28 Feb 2019 |
| £339,500 | 12 May 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 February 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 21.947%.Applying this 21.947% change to the original purchase price of £265,000 results in an estimated price of approximately £323,160.
| 28 Feb 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.947 % | £265,000 | £58,160 | £323,160 |
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 | 0.548 % | £1,452 | £266,452 |
| 3 Month Average | 1.474 % | £3,905 | £268,905 |
| 6 Month Average | 17.249 % | £45,710 | £310,710 |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 13 Aug 2015.
The average size of a house on CHURCH LANE is 140 sq meters (1,516 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Church Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Front Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Front Street |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Chick'S Lane |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Staffords Lane |