£84,947
This estimated value is based upon the latest sale price for the house of £51,000 on 24 Jun 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £51,000 | 24 Jun 2013 |
| Semi-Detached |
| 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 June 2013 the House Price Index for TYNE AND WEAR was 89.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.563%.Applying this 66.563% change to the original purchase price of £51,000 results in an estimated price of approximately £84,947.
| 24 Jun 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 148.6 | 66.563 % | £51,000 | £33,947 | £84,947 |
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 | 8.353 % | £4,259 | £55,259 |
| 3 Month Average | 0.935 % | £476 | £51,476 |
| 6 Month Average | 9.072 % | £4,626 | £55,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £66,158 | £65,000 | 10 TANFIELD STREET |
| 4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
| 28 Jul 2023 | £78,050 | £77,000 | 6 TANFIELD STREET |
| 9 Jun 2023 | £131,594 | £130,000 | 42 FERNDENE CRESCENT |
| 11 Jan 2023 | £76,639 | £77,000 | 14 TANFIELD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Midmoor Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midmoor Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheridan Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sheridan Street |