£161,556
This estimated value is based upon the latest sale price for the house of £87,500 on 24 Feb 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£87,500 | 24 Feb 2009 |
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 February 2009 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.636%.Applying this 84.636% change to the original purchase price of £87,500 results in an estimated price of approximately £161,556.
24 Feb 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.636 % | £87,500 | £74,056 | £161,556 |
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 | 26.940 % | £23,572 | £111,072 |
3 Month Average | -0.284 % | £-248 | £87,251 |
6 Month Average | 6.797 % | £5,947 | £93,447 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £88,815 | £87,500 | 72 ANCONA STREET |
11 Sep 2023 | £111,425 | £110,000 | 23 PERCIVAL STREET |
21 Aug 2023 | £70,618 | £70,000 | 63 ANCONA STREET |
27 Jul 2023 | £187,524 | £185,000 | 19 PALLION PARK |
7 Jul 2023 | £99,337 | £98,000 | 8 PALLION PARK |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Under investigation | On or near Percival Street |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Percival Street |
Mar 2024 | Vehicle crime | Under investigation | On or near Duncan Street |