£100,758
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 Jul 2015 |
| £48,000 | 30 Nov 2012 |
| £32,000 | 29 Aug 1997 |
| Terraced |
| 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £70,000 results in an estimated price of approximately £100,758.
| 3 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £70,000 | £30,758 | £100,758 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -14.186 % | £-9,930 | £60,069 |
| 3 Month Average | -8.897 % | £-6,227 | £63,772 |
| 6 Month Average | -6.259 % | £-4,381 | £65,618 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £60,000 | £60,000 | 40 MARKET STREET |
| 17 Nov 2023 | £38,571 | £38,000 | 29 MARKET STREET |
| 6 Nov 2023 | £50,751 | £50,000 | 57 SOUTH MARKET STREET |
| 6 Nov 2023 | £50,751 | £50,000 | 59 SOUTH MARKET STREET |
| 11 Aug 2023 | £65,574 | £65,000 | 22 MARKET STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Percy Street |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Percy Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Eppleton Row |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |