£135,766
This estimated value is based upon the latest sale price for the house of £85,000 on 17 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 17 Jan 2014 |
| £95,000 | 27 Jan 2006 |
| £60,000 | 2 Sep 2005 |
| 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 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £85,000 results in an estimated price of approximately £135,766.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £85,000 | £50,766 | £135,766 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 19.508 % | £16,581 | £101,581 |
| 3 Month Average | 24.155 % | £20,532 | £105,532 |
| 6 Month Average | 18.529 % | £15,749 | £100,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £68,514 | £67,500 | 31 SILKSWORTH TERRACE |
| 29 Aug 2023 | £92,308 | £91,500 | 13 TUNSTALL TERRACE |
| 21 Jul 2023 | £90,214 | £89,000 | 20 TUNSTALL TERRACE |
| 23 Jun 2023 | £48,082 | £47,500 | 32 CASTLEREAGH STREET |
| 6 Jun 2023 | £151,839 | £150,000 | 36 CASTLEREAGH STREET |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Apr 2012. Using an estimated price of £135,767 means this house is valued at £1,399 per sq meter (£130 per sq foot).
The average size of a house on CASTLEREAGH STREET is 97 sq meters (1,046 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Castlereagh Street |
| Jan 2024 | Anti-social behaviour | On or near Castlereagh Street | |
| Jan 2024 | Anti-social behaviour | On or near Castlereagh Street | |
| Jan 2024 | Anti-social behaviour | On or near Castlereagh Street | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Castlereagh Street |