£67,044
This estimated value is based upon the latest sale price for the house of £53,500 on 9 Mar 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £53,500 | 9 Mar 2018 |
| £37,000 | 11 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £53,500 results in an estimated price of approximately £67,044.
| 9 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £53,500 | £13,544 | £67,044 |
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 | 39.841 % | £21,314 | £74,814 |
| 3 Month Average | 22.374 % | £11,970 | £65,470 |
| 6 Month Average | 18.085 % | £9,675 | £63,175 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £78,157 | £77,000 | 34 ST LUKES TERRACE |
| 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 |
| 17 Aug 2023 | £60,530 | £60,000 | 32 ST LUKES TERRACE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 Nov 2014. Using an estimated price of £67,045 means this house is valued at £1,136 per sq meter (£105 per sq foot).
The average size of a house on EAST MOOR ROAD is 70 sq meters (756 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 |