£111,071
This estimated value is based upon the latest sale price for the house of £85,000 on 11 Jan 2017. 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 | 11 Jan 2017 |
| £76,000 | 1 Mar 2005 |
| £40,000 | 14 Dec 2001 |
| £18,000 | 10 Oct 2000 |
| £24,000 | 14 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £85,000 results in an estimated price of approximately £111,071.
| 11 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £85,000 | £26,071 | £111,071 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 45.757 % | £38,893 | £123,893 |
| 3 Month Average | 18.548 % | £15,765 | £100,765 |
| 6 Month Average | 17.788 % | £15,119 | £100,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £60,777 | £60,000 | 18 BRUNTON TERRACE |
| 21 Jul 2023 | £89,201 | £88,000 | 60 SORLEY STREET |
| 24 Aug 2022 | £94,745 | £95,000 | 7 SORLEY STREET |
| 30 Jun 2022 | £106,505 | £105,000 | 47 SORLEY STREET |
| 10 Mar 2022 | £82,383 | £79,500 | 12 HOWARTH STREET |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 5 Jul 2019. Using an estimated price of £111,072 means this house is valued at £957 per sq meter (£88 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sorley Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sorley Street |
| Mar 2024 | Public order | Under investigation | On or near Sorley Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sorley Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sorley Street |