£55,580
This estimated value is based upon the latest sale price for the house of £40,500 on 7 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£40,500 | 7 Jan 2016 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £40,500 results in an estimated price of approximately £55,580.
7 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £40,500 | £15,080 | £55,580 |
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 | 35.099 % | £14,214 | £54,714 |
3 Month Average | 8.256 % | £3,343 | £43,843 |
6 Month Average | 8.159 % | £3,304 | £43,804 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £65,797 | £65,000 | 33 CLOSE STREET |
31 Mar 2023 | £80,761 | £80,000 | 43 CLOSE STREET |
10 Feb 2023 | £60,459 | £60,500 | 31 CLOSE STREET |
11 Jul 2022 | £80,216 | £80,000 | 41 WESTBURY STREET |
28 Jun 2022 | £60,860 | £60,000 | 34 CLOSE STREET |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 25 Sep 2015. Using an estimated price of £55,580 means this house is valued at £1,134 per sq meter (£105 per sq foot).
The average size of a house on HADRIAN STREET is 77 sq meters (828 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Westbury Street |
Feb 2024 | Other crime | Under investigation | On or near Westbury Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Westbury Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Westbury Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Close Street |