£172,845
This estimated value is based upon the latest sale price for the house of £31,500 on 1 Oct 1996. 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 | 1 Oct 1996 |
| Terraced |
| Freehold |
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 October 1996 the House Price Index for TYNE AND WEAR was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £31,500 results in an estimated price of approximately £172,845.
| 1 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £31,500 | £141,345 | £172,845 |
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 | 241.591 % | £76,101 | £107,601 |
| 3 Month Average | 195.345 % | £61,533 | £93,033 |
| 6 Month Average | 193.178 % | £60,851 | £92,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £77,142 | £76,000 | 10 VIOLET STREET |
| 13 Jan 2023 | £72,658 | £73,000 | 8 VIOLET STREET |
| 4 Nov 2022 | £39,522 | £40,001 | 9A ATKINSONS BUILDINGS TRIMDON STREET |
| 1 Jul 2022 | £75,202 | £75,000 | 40 VIOLET STREET |
| 31 May 2022 | £84,594 | £83,000 | 3 MAY STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deptford Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fern Street |
| Feb 2024 | Other theft | Under investigation | On or near Fern Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Alliance Place |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dahlia Court |