£82,498
This estimated value is based upon the latest sale price for the house of £38,500 on 23 Jan 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£38,500 | 23 Jan 2004 |
£15,000 | 10 Nov 1997 |
Terraced |
Freehold |
Floor Area: 35 sq meters or 376 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 January 2004 the House Price Index for TYNE AND WEAR was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £38,500 results in an estimated price of approximately £82,498.
23 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
69.3 | 148.6 | 114.281 % | £38,500 | £43,998 | £82,498 |
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 | 54.228 % | £20,877 | £59,377 |
3 Month Average | 41.084 % | £15,817 | £54,317 |
6 Month Average | 49.511 % | £19,061 | £57,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £55,063 | £54,100 | 22 HUME STREET |
9 Aug 2023 | £75,662 | £75,000 | 227A HYLTON ROAD |
21 Jul 2023 | £89,201 | £88,000 | 60 SORLEY STREET |
5 Jul 2023 | £83,626 | £82,500 | 22 WILLMORE STREET |
16 Mar 2023 | £90,856 | £90,000 | 223 HYLTON ROAD |
This house has a floor area of 35 sq meters or 376 sq feet when measured on 16 Oct 2015. Using an estimated price of £82,498 means this house is valued at £2,357 per sq meter (£218 per sq foot).
The average size of a house on HYLTON ROAD is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willmore Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willmore Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willmore Street |
Feb 2024 | Other theft | Under investigation | On or near Willmore Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Willmore Street |