£55,557
This estimated value is based upon the latest sale price for the house of £45,550 on 31 Jan 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Medomsly Street
More crime details
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Price Paid | Date |
---|---|
£45,550 | 31 Jan 2020 |
£53,000 | 20 Jun 2006 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £45,550 results in an estimated price of approximately £55,557.
31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £45,550 | £10,007 | £55,557 |
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 | 25.066 % | £11,417 | £56,967 |
3 Month Average | 8.871 % | £4,040 | £49,590 |
6 Month Average | 7.347 % | £3,346 | £48,896 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £240,000 | £240,000 | 18 FLINT ROAD |
17 Nov 2023 | £106,578 | £105,000 | 41A FLINT ROAD |
18 Jul 2023 | £106,432 | £105,000 | 26 CIRENCESTER STREET |
29 Jun 2023 | £80,981 | £80,000 | 35 ST CUTHBERTS TERRACE |
7 Mar 2023 | £85,304 | £84,500 | 15 CIRENCESTER STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 17 Aug 2019. Using an estimated price of £55,558 means this house is valued at £572 per sq meter (£53 per sq foot).
The average size of a house on CIRENCESTER STREET is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Medomsly Street |