£133,349
This estimated value is based upon the latest sale price for the house of £73,000 on 28 Sep 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £73,000 | 28 Sep 2005 |
| £35,000 | 30 Oct 2002 |
| 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 2005 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.671%.Applying this 82.671% change to the original purchase price of £73,000 results in an estimated price of approximately £133,349.
| 28 Sep 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 148.6 | 82.671 % | £73,000 | £60,349 | £133,349 |
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 | -38.103 % | £-27,814 | £45,185 |
| 3 Month Average | 31.427 % | £22,941 | £95,941 |
| 6 Month Average | 26.646 % | £19,451 | £92,451 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £50,189 | £49,750 | 2 KIPLING STREET |
| 4 Jul 2023 | £76,023 | £75,000 | 2 SOUTH TERRACE |
| 31 Mar 2023 | £45,428 | £45,000 | 17 KIPLING STREET |
| 31 Mar 2023 | £77,732 | £77,000 | 1 KINGSLEY CLOSE |
| 31 Mar 2023 | £37,857 | £37,500 | 25 KIPLING STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near South Terrace | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South Terrace |
| Feb 2024 | Public order | Awaiting court outcome | On or near South Terrace |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near South Terrace |
| Feb 2024 | Possession of weapons | Under investigation | On or near South Terrace |