£101,869
This estimated value is based upon the latest sale price for the house of £60,000 on 11 Oct 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Pickard Street
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| Price Paid | Date |
|---|---|
| £60,000 | 11 Oct 2012 |
| £105,000 | 21 Dec 2007 |
| £60,000 | 5 Apr 2004 |
| Flats/Maisonettes |
| Freehold |
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 October 2012 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £60,000 results in an estimated price of approximately £101,869.
| 11 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £60,000 | £41,869 | £101,869 |
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 | 38.170 % | £22,901 | £82,901 |
| 3 Month Average | 7.659 % | £4,595 | £64,595 |
| 6 Month Average | 14.913 % | £8,948 | £68,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £71,001 | £69,950 | 34 FRANKLIN STREET |
| 14 Sep 2023 | £43,050 | £42,500 | 43 GILSLAND STREET |
| 10 Jul 2023 | £101,314 | £99,950 | 20 JOHN CANDLISH ROAD |
| 6 Mar 2023 | £113,570 | £112,500 | 163 HYLTON ROAD |
| 24 Nov 2022 | £6,175 | £6,250 | STUDYROOM 3 180 HYLTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Pickard Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pickard Street |
| Feb 2024 | Drugs | Under investigation | On or near Pickard Street |
| Feb 2024 | Public order | Under investigation | On or near Pickard Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pickard Street |