£115,687
This estimated value is based upon the latest sale price for the house of £31,500 on 29 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,500 | 29 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 267.261%.Applying this 267.261% change to the original purchase price of £31,500 results in an estimated price of approximately £115,687.
| 29 Sep 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.5 | 148.6 | 267.261 % | £31,500 | £84,187 | £115,687 |
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 | 235.846 % | £74,291 | £105,791 |
| 3 Month Average | 180.339 % | £56,806 | £88,306 |
| 6 Month Average | 176.096 % | £55,470 | £86,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £111,425 | £110,000 | 23 PERCIVAL STREET |
| 8 Sep 2023 | £81,036 | £80,000 | 30 EAST MOOR ROAD |
| 25 Aug 2023 | £88,272 | £87,500 | 12 CHEVIOT STREET |
| 16 Mar 2023 | £60,571 | £60,000 | 24 EAST MOOR ROAD |
| 16 Nov 2022 | £88,923 | £90,000 | 21 PERCIVAL STREET |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 26 Jul 2016. Using an estimated price of £115,687 means this house is valued at £1,428 per sq meter (£132 per sq foot).
The average size of a house on DUNCAN STREET is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Duncan Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Percival Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Percival Street |