£175,873
This estimated value is based upon the latest sale price for the house of £125,000 on 30 Oct 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £125,000 | 30 Oct 2015 |
| £126,000 | 20 Dec 2007 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 920 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 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £125,000 results in an estimated price of approximately £175,873.
| 30 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £125,000 | £50,873 | £175,873 |
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 | 33.772 % | £42,214 | £167,214 |
| 3 Month Average | 7.716 % | £9,644 | £134,644 |
| 6 Month Average | 8.056 % | £10,069 | £135,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £172,151 | £169,950 | 47 FARNHAM TERRACE |
| 23 Aug 2023 | £131,147 | £130,000 | 27 DUNBAR STREET |
| 30 Jun 2023 | £163,986 | £162,000 | 33 FARNHAM TERRACE |
| 9 Aug 2022 | £135,635 | £136,000 | 33 DUNBAR STREET |
| 29 Jul 2022 | £137,871 | £137,500 | 37 EASTFIELD STREET |
This house has a floor area of 85 sq meters or 920 sq feet when measured on 7 Sep 2009. Using an estimated price of £175,873 means this house is valued at £2,055 per sq meter (£190 per sq foot).
The average size of a house on EASTFIELD STREET is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dunbar Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield Street |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street |