£250,700
This estimated value is based upon the latest sale price for the house of £145,000 on 14 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 14 Jul 2006 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £145,000 results in an estimated price of approximately £250,700.
| 14 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £145,000 | £105,700 | £250,700 |
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 | 7.710 % | £11,179 | £156,179 |
| 3 Month Average | -4.098 % | £-5,942 | £139,057 |
| 6 Month Average | 1.620 % | £2,348 | £147,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £126,878 | £125,000 | 24 GRINDON TERRACE |
| 25 Aug 2023 | £141,236 | £140,000 | 74 GENERAL GRAHAM STREET |
| 14 Jul 2023 | £129,239 | £127,500 | 28 JACKSON STREET |
| 28 Oct 2022 | £85,084 | £86,000 | 4 COOPERATIVE TERRACE |
| 12 Aug 2022 | £117,185 | £117,500 | 66 GENERAL GRAHAM STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 10 Jan 2017. Using an estimated price of £250,701 means this house is valued at £2,005 per sq meter (£186 per sq foot).
The average size of a house on JACKSON STREET is 124 sq meters (1,343 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Co-Operative Terrace |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near General Graham Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near General Graham Street |
| Feb 2024 | Anti-social behaviour | On or near General Graham Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near General Graham Street |