£130,343
This estimated value is based upon the latest sale price for the house of £105,500 on 14 Jun 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 |
|---|---|
| £105,500 | 14 Jun 2019 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £105,500 results in an estimated price of approximately £130,343.
| 14 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £105,500 | £24,843 | £130,343 |
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 | 59.462 % | £62,731 | £168,231 |
| 3 Month Average | 5.617 % | £5,925 | £111,425 |
| 6 Month Average | 0.545 % | £575 | £106,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £32,437 | £32,000 | 3 MILLBURN STREET |
| 18 Apr 2023 | £101,088 | £100,000 | 26 HYLTON ROAD |
| 6 Apr 2023 | £49,533 | £49,000 | 77 MILLBURN STREET |
| 23 Mar 2023 | £135,274 | £134,000 | 32 HYLTON ROAD |
| 12 Aug 2022 | £74,799 | £75,000 | 64 MILLBURN STREET |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 28 Feb 2019. Using an estimated price of £130,344 means this house is valued at £1,570 per sq meter (£145 per sq foot).
There is one other house on the street which we know the size of, this is 5 DAHLIA COURT it is 74.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dahlia Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dahlia Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deptford Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Marguerite Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marguerite Court |