£35,938
This estimated value is based upon the latest sale price for the house of £29,000 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £29,000 | 23 Jul 2018 |
| Freehold |
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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £29,000 results in an estimated price of approximately £35,938.
| 23 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £29,000 | £6,938 | £35,938 |
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 | -15.987 % | £-4,636 | £24,363 |
| 3 Month Average | 10.592 % | £3,071 | £32,071 |
| 6 Month Average | 15.839 % | £4,593 | £33,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,552 | £89,950 | 36 WARWICK STREET |
| 27 Nov 2023 | £98,458 | £97,000 | 87 NEWCASTLE ROAD |
| 22 Sep 2023 | £116,489 | £115,000 | 51 WARWICK STREET |
| 8 Jun 2023 | £151,839 | £150,000 | 1 NETHERBURN ROAD |
| 14 Apr 2023 | £171,800 | £169,950 | 13 NETHERBURN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crozier Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Crozier Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A1018 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Newington Court |
| Jan 2024 | Anti-social behaviour | On or near Stadium Of Light |