£136,687
This estimated value is based upon the latest sale price for the house of £75,000 on 3 Oct 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 3 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2005 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £75,000 results in an estimated price of approximately £136,687.
| 3 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £75,000 | £61,687 | £136,687 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 14.105 % | £10,578 | £85,578 |
| 3 Month Average | 19.420 % | £14,564 | £89,564 |
| 6 Month Average | 23.185 % | £17,389 | £92,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £61,068 | £60,000 | 20 ALINE STREET |
| 17 Nov 2023 | £65,977 | £65,000 | 14 LORD STREET |
| 10 Nov 2023 | £33,496 | £33,000 | 26 LORD STREET |
| 9 Nov 2023 | £101,498 | £99,995 | 25 LORD STREET |
| 21 Aug 2023 | £110,920 | £109,950 | 23 LORD STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Oct 2016. Using an estimated price of £136,688 means this house is valued at £1,254 per sq meter (£116 per sq foot).
The average size of a house on LORD STREET is 98 sq meters (1,064 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Lord Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lord Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |