£74,123
This estimated value is based upon the latest sale price for the house of £60,000 on 8 Mar 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 |
|---|---|
| £60,000 | 8 Mar 2019 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 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 23.539%.Applying this 23.539% change to the original purchase price of £60,000 results in an estimated price of approximately £74,123.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £60,000 | £14,123 | £74,123 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 23.659 % | £14,195 | £74,195 |
| 3 Month Average | 18.613 % | £11,167 | £71,167 |
| 6 Month Average | 10.600 % | £6,360 | £66,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £141,231 | £139,995 | 3 TUNSTALL VIEW |
| 23 Jun 2023 | £48,082 | £47,500 | 32 CASTLEREAGH STREET |
| 16 Jun 2023 | £111,349 | £110,000 | 32 GEORGE STREET EAST |
| 6 Jun 2023 | £151,839 | £150,000 | 36 CASTLEREAGH STREET |
| 6 Apr 2023 | £128,382 | £127,000 | 54 MARY STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 24 Sep 2018. Using an estimated price of £74,123 means this house is valued at £686 per sq meter (£63 per sq foot).
The average size of a house on GEORGE STREET EAST is 112 sq meters (1,208 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Awaiting court outcome | On or near Minehead Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Minehead Gardens |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Minehead Gardens |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Minehead Gardens |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Minehead Gardens |