£108,380
This estimated value is based upon the latest sale price for the house of £63,000 on 4 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £63,000 | 4 Mar 2011 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 974 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 March 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £63,000 results in an estimated price of approximately £108,380.
| 4 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £63,000 | £45,380 | £108,380 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 48.664 % | £30,658 | £93,658 |
| 3 Month Average | 41.653 % | £26,241 | £89,241 |
| 6 Month Average | 30.855 % | £19,438 | £82,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £253,187 | £249,950 | 9 ST MATTHEWS VIEW |
| 27 Jun 2023 | £187,268 | £185,000 | 8 ST MATTHEWS VIEW |
| 15 Mar 2023 | £43,409 | £43,000 | 3 WYNYARD STREET |
| 10 Mar 2023 | £113,570 | £112,500 | 5 EDWARD STREET |
| 3 Mar 2023 | £74,199 | £73,500 | 15 WYNYARD STREET |
This house has a floor area of 90 sq meters or 974 sq feet when measured on 12 Feb 2010. Using an estimated price of £108,380 means this house is valued at £1,197 per sq meter (£111 per sq foot).
The average size of a house on WYNYARD STREET is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Athol Grove |
| Dec 2023 | Anti-social behaviour | On or near Edward Street | |
| Dec 2023 | Anti-social behaviour | On or near Edward Street | |
| Dec 2023 | Anti-social behaviour | On or near Edward Street | |
| Dec 2023 | Anti-social behaviour | On or near Edward Street |