£87,199
This estimated value is based upon the latest sale price for the house of £56,000 on 23 Apr 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£56,000 | 23 Apr 2014 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 April 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £56,000 results in an estimated price of approximately £87,199.
23 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £56,000 | £31,199 | £87,199 |
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 | 27.083 % | £15,166 | £71,166 |
3 Month Average | 16.513 % | £9,247 | £65,247 |
6 Month Average | 9.714 % | £5,439 | £61,439 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2023 | £76,671 | £76,000 | 24 WILFRED STREET |
4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
10 Mar 2023 | £64,609 | £64,000 | 4 WILFRED STREET |
6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
6 Jan 2023 | £79,625 | £80,000 | 7 MARGARET ALICE STREET |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 28 May 2013. Using an estimated price of £87,200 means this house is valued at £872 per sq meter (£81 per sq foot).
The average size of a house on WARENNES STREET is 73 sq meters (789 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Warennes Street |
Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
Jan 2024 | Anti-social behaviour | On or near Warennes Street |