£132,119
This estimated value is based upon the latest sale price for the house of £26,000 on 25 Jul 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £26,000 | 25 Jul 1997 |
| £20,000 | 13 Jun 1997 |
| 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 July 1997 the House Price Index for TYNE AND WEAR was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £26,000 results in an estimated price of approximately £132,119.
| 25 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £26,000 | £106,119 | £132,119 |
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 | 207.081 % | £53,841 | £79,841 |
| 3 Month Average | 165.841 % | £43,118 | £69,118 |
| 6 Month Average | 174.230 % | £45,299 | £71,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £66,158 | £65,000 | 10 TANFIELD STREET |
| 1 Dec 2023 | £45,801 | £45,000 | 15 MORTIMER STREET |
| 12 Sep 2023 | £40,467 | £39,950 | 19 STRATFIELD STREET |
| 15 Aug 2023 | £75,662 | £75,000 | 23 COSSACK TERRACE |
| 28 Jul 2023 | £78,050 | £77,000 | 6 TANFIELD STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratfield Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Edwin Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Edwin Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Edwin Street |
| Jan 2024 | Burglary | Under investigation | On or near Edwin Street |