£115,932
This estimated value is based upon the latest sale price for the house of £79,950 on 13 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,950 | 13 Jul 2015 |
| £86,950 | 17 Feb 2006 |
| £24,000 | 9 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 656 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £79,950 results in an estimated price of approximately £115,932.
| 13 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £79,950 | £35,982 | £115,932 |
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 | 10.698 % | £8,553 | £88,503 |
| 3 Month Average | 1.338 % | £1,069 | £81,019 |
| 6 Month Average | 16.425 % | £13,131 | £93,081 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £67,061 | £65,000 | 10 TANFIELD STREET |
| 12 Sep 2023 | £40,851 | £39,950 | 19 STRATFIELD STREET |
| 31 Mar 2023 | £83,393 | £82,000 | 34 MORTIMER STREET |
| 3 Mar 2023 | £33,560 | £33,000 | 26 EXETER STREET |
| 10 Feb 2023 | £49,581 | £49,250 | 11 MORTIMER STREET |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 11 Jul 2014. Using an estimated price of £115,932 means this house is valued at £1,900 per sq meter (£176 per sq foot).
The average size of a house on MIDMOOR ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Mortimer Street | |
| Jul 2024 | Anti-social behaviour | On or near Mortimer Street | |
| Jul 2024 | Anti-social behaviour | On or near Mortimer Street | |
| Jul 2024 | Anti-social behaviour | On or near Mortimer Street | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tanfield Street |