£83,116
This estimated value is based upon the latest sale price for the house of £70,000 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 18 Sep 2020 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £70,000 results in an estimated price of approximately £83,116.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £70,000 | £13,116 | £83,116 |
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 | 29.918 % | £20,942 | £90,942 |
| 3 Month Average | -12.939 % | £-9,057 | £60,942 |
| 6 Month Average | -0.797 % | £-557 | £69,442 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2023 | £5,661 | £5,600 | 7 DALTON PLACE |
| 30 Mar 2023 | £68,647 | £68,000 | 74 ST MARKS ROAD |
| 8 Aug 2022 | £196,970 | £197,500 | 10 ARROL PARK |
| 30 Jun 2022 | £45,645 | £45,000 | 3 EARL STREET |
| 21 Jan 2022 | £57,882 | £55,000 | 68 ST MARKS ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Sep 2019. Using an estimated price of £83,117 means this house is valued at £865 per sq meter (£80 per sq foot).
The average size of a house on EARL STREET is 86 sq meters (930 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Earl Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Earl Street |
| Mar 2024 | Burglary | Under investigation | On or near Chester Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Street East |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chester Street East |