£81,901
This estimated value is based upon the latest sale price for the house of £68,000 on 6 Mar 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £68,000 | 6 Mar 2020 |
| Semi-Detached |
| 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 March 2020 the House Price Index for TYNE AND WEAR was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £68,000 results in an estimated price of approximately £81,901.
| 6 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £68,000 | £13,901 | £81,901 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 19.373 % | £13,173 | £81,173 |
| 3 Month Average | 2.863 % | £1,946 | £69,946 |
| 6 Month Average | -1.160 % | £-788 | £67,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £50,000 | £50,000 | 54 STATION ROAD |
| 29 Sep 2023 | £37,479 | £37,000 | 11 RECTORY ROAD |
| 14 Sep 2023 | £62,803 | £62,000 | 10 WEAR STREET |
| 12 Sep 2023 | £65,842 | £65,000 | 9 CLAUDE STREET |
| 11 Aug 2023 | £121,059 | £120,000 | 2 STATION ROAD NORTH |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Claude Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Claude Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Claude Street |
| Jan 2024 | Robbery | Awaiting court outcome | On or near Claude Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Road North |