£206,999
This estimated value is based upon the latest sale price for the house of £128,000 on 6 Jun 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £128,000 | 6 Jun 2008 |
| 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 June 2008 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.719%.Applying this 61.719% change to the original purchase price of £128,000 results in an estimated price of approximately £206,999.
| 6 Jun 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 148.6 | 61.719 % | £128,000 | £78,999 | £206,999 |
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 | 6.765 % | £8,659 | £136,659 |
| 3 Month Average | -9.576 % | £-12,257 | £115,742 |
| 6 Month Average | -5.674 % | £-7,262 | £120,737 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £137,404 | £135,000 | 9 HAWARDEN CRESCENT |
| 4 Aug 2023 | £92,812 | £92,000 | 28 GENERAL GRAHAM STREET |
| 1 Aug 2023 | £90,794 | £90,000 | 19 HAWARDEN CRESCENT |
| 24 Jul 2023 | £162,178 | £159,995 | 12 HAWARDEN CRESCENT |
| 23 Jun 2023 | £131,594 | £130,000 | 18 QUEENS CRESCENT |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 21 Mar 2020. Using an estimated price of £207,000 means this house is valued at £1,916 per sq meter (£178 per sq foot).
The average size of a house on OAKLANDS TERRACE is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Oaklands Terrace |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
| Jan 2024 | Other theft | Under investigation | On or near Roseville Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Roseville Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fernville Street |