£131,757
This estimated value is based upon the latest sale price for the house of £100,000 on 1 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £100,000 | 1 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £100,000 results in an estimated price of approximately £131,757.
| 1 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £100,000 | £31,757 | £131,757 |
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 | 28.446 % | £28,445 | £128,445 |
| 3 Month Average | 15.642 % | £15,642 | £115,642 |
| 6 Month Average | 14.404 % | £14,403 | £114,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £60,819 | £60,000 | 11 BRADY STREET |
| 6 Jun 2023 | £39,478 | £39,000 | 47 BRADY STREET |
| 24 Mar 2023 | £33,314 | £33,000 | 26 BRADY STREET |
| 20 Feb 2023 | £184,877 | £185,001 | 7 HOPKINS COURT |
| 21 Nov 2022 | £74,102 | £75,000 | 13 BRADY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 May 2013. Using an estimated price of £131,758 means this house is valued at £1,855 per sq meter (£172 per sq foot).
The average size of a house on MAGDALENE PLACE is 83 sq meters (901 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Mar 2024 | Anti-social behaviour | On or near Magdelene Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magdelene Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Magdelene Place |
| Mar 2024 | Other crime | Under investigation | On or near Treby Street |