£109,855
This estimated value is based upon the latest sale price for the house of £22,000 on 1 Sep 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £22,000 | 1 Sep 1997 |
| Terraced |
| 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 September 1997 the House Price Index for TYNE AND WEAR was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £22,000 results in an estimated price of approximately £109,855.
| 1 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £22,000 | £87,855 | £109,855 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 16.567 % | £3,644 | £25,644 |
| 3 Month Average | 162.447 % | £35,738 | £57,738 |
| 6 Month Average | 171.198 % | £37,663 | £59,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £86,101 | £85,000 | 33 JAMES STREET |
| 22 Jun 2023 | £70,808 | £69,950 | 8 GROSVENOR STREET |
| 31 Mar 2023 | £100,946 | £99,995 | 35 GROSVENOR STREET |
| 7 Mar 2023 | £83,789 | £83,000 | 36 JAMES STREET |
| 26 Aug 2022 | £93,748 | £94,000 | 20 JAMES STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near James Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near James Street |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near James Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near James Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near James Street |