£118,669
This estimated value is based upon the latest sale price for the house of £96,000 on 31 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £96,000 | 31 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £96,000 results in an estimated price of approximately £118,669.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £96,000 | £22,669 | £118,669 |
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 | 32.594 % | £31,290 | £127,290 |
| 3 Month Average | -11.516 % | £-11,055 | £84,944 |
| 6 Month Average | 0.970 % | £931 | £96,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £55,712 | £55,000 | 10 BRADY STREET |
| 24 Mar 2023 | £33,314 | £33,000 | 26 BRADY STREET |
| 20 Feb 2023 | £184,877 | £185,001 | 7 HOPKINS COURT |
| 21 Jul 2022 | £135,364 | £135,000 | 5 HOPKINS COURT |
| 1 Jul 2022 | £125,337 | £125,000 | 45 FORGE LYNN CLOSE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 30 Jun 2015. Using an estimated price of £118,669 means this house is valued at £1,249 per sq meter (£116 per sq foot).
The average size of a house on MAGDALENE PLACE is 83 sq meters (901 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Mar 2024 | Other crime | Under investigation | On or near Treby Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Treby Street |
| Mar 2024 | Other crime | Under investigation | On or near Treby Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Treby Street |