£77,142
This estimated value is based upon the latest sale price for the house of £76,000 on 3 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £76,000 | 3 Nov 2023 |
| £77,000 | 20 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 32 sq meters or 344 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 November 2023 the House Price Index for TYNE AND WEAR was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £76,000 results in an estimated price of approximately £77,142.
| 3 Nov 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 148.6 | 1.503 % | £76,000 | £1,142 | £77,142 |
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 | 22.956 % | £17,446 | £93,446 |
| 3 Month Average | 0.162 % | £122 | £76,122 |
| 6 Month Average | -5.144 % | £-3,909 | £72,090 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £55,000 | £55,000 | 29 VIOLET STREET |
| 3 Nov 2023 | £77,142 | £76,000 | 10 VIOLET STREET |
| 18 Apr 2023 | £101,088 | £100,000 | 26 HYLTON ROAD |
| 14 Apr 2023 | £80,871 | £80,000 | 6 ROSE STREET |
| 13 Jan 2023 | £72,658 | £73,000 | 8 VIOLET STREET |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 13 Sep 2019. Using an estimated price of £77,142 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on VIOLET STREET is 65 sq meters (709 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Violet Street |
| Feb 2024 | Shoplifting | Offender given a caution | On or near Violet Street |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near Violet Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Violet Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Violet Street |