£126,966
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £105,000 | 29 Jul 2020 |
| £125,000 | 12 Sep 2019 |
| £135,000 | 6 May 2016 |
| £145,000 | 31 Mar 2006 |
| £48,000 | 26 Jun 1998 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 July 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £105,000 results in an estimated price of approximately £126,966.
| 29 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £105,000 | £21,966 | £126,966 |
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 | -3.341 % | £-3,507 | £101,492 |
| 3 Month Average | 10.877 % | £11,421 | £116,421 |
| 6 Month Average | 9.214 % | £9,674 | £114,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £87,114 | £86,000 | 13 WOLSELEY TERRACE |
| 15 Aug 2023 | £75,662 | £75,000 | 11 WOLSELEY TERRACE |
| 11 Aug 2023 | £141,185 | £139,950 | 46 GENERAL GRAHAM STREET |
| 17 Mar 2023 | £80,761 | £80,000 | 145 CHESTER ROAD |
| 10 Feb 2023 | £136,908 | £137,000 | 65 CLEVELAND ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Jan 2017. Using an estimated price of £126,966 means this house is valued at £1,133 per sq meter (£105 per sq foot).
The average size of a house on CLEVELAND ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Co-Operative Terrace |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |