£55,568
This estimated value is based upon the latest sale price for the house of £45,000 on 26 Sep 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £45,000 | 26 Sep 2018 |
| £39,000 | 17 May 2018 |
| £107,000 | 13 Feb 2008 |
| £34,000 | 8 Jul 2003 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £45,000 results in an estimated price of approximately £55,568.
| 26 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £45,000 | £10,568 | £55,568 |
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 | 34.325 % | £15,446 | £60,446 |
| 3 Month Average | 17.575 % | £7,908 | £52,908 |
| 6 Month Average | 9.033 % | £4,064 | £49,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £117,048 | £115,000 | 126 HYLTON ROAD |
| 30 Jun 2023 | £65,797 | £65,000 | 33 CLOSE STREET |
| 31 Mar 2023 | £80,761 | £80,000 | 43 CLOSE STREET |
| 10 Feb 2023 | £60,459 | £60,500 | 31 CLOSE STREET |
| 26 Jul 2022 | £90,243 | £90,000 | 40 CROMWELL STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Mar 2018. Using an estimated price of £55,569 means this house is valued at £584 per sq meter (£54 per sq foot).
The average size of a house on HYLTON ROAD is 91 sq meters (985 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wood Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ailesbury Street |
| Jan 2024 | Anti-social behaviour | On or near Albert Road | |
| Jan 2024 | Anti-social behaviour | On or near Albert Road | |
| Jan 2024 | Anti-social behaviour | On or near Albert Road |