£154,146
This estimated value is based upon the latest sale price for the house of £88,500 on 28 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£88,500 | 28 Jul 2006 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £88,500 results in an estimated price of approximately £154,146.
28 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 149.7 | 74.177 % | £88,500 | £65,646 | £154,146 |
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 | -6.854 % | £-6,066 | £82,433 |
3 Month Average | -4.936 % | £-4,368 | £84,131 |
6 Month Average | 9.079 % | £8,034 | £96,534 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £78,409 | £76,000 | 10 DENE STREET |
27 Oct 2023 | £107,440 | £105,000 | 16 CHEVIOT STREET |
9 Oct 2023 | £71,627 | £70,000 | 20 DENE STREET |
6 Oct 2023 | £65,180 | £63,700 | 22 DUNCAN STREET |
25 Aug 2023 | £89,107 | £87,500 | 12 CHEVIOT STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 30 Aug 2013. Using an estimated price of £154,147 means this house is valued at £2,111 per sq meter (£196 per sq foot).
The average size of a house on CHEVIOT STREET is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Under investigation | On or near Cheviot Street |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheviot Street |
Jun 2024 | Public order | Awaiting court outcome | On or near Cheviot Street |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cheviot Street |
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Cheviot Street |