£133,669
This estimated value is based upon the latest sale price for the house of £109,000 on 14 Oct 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £109,000 | 14 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £109,000 results in an estimated price of approximately £133,669.
| 14 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £109,000 | £24,669 | £133,669 |
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 | 50.809 % | £55,382 | £164,382 |
| 3 Month Average | 1.519 % | £1,655 | £110,655 |
| 6 Month Average | 8.457 % | £9,217 | £118,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £71,001 | £69,950 | 34 FRANKLIN STREET |
| 27 Sep 2023 | £118,515 | £117,000 | 19 CROMWELL STREET |
| 10 Jul 2023 | £101,314 | £99,950 | 20 JOHN CANDLISH ROAD |
| 10 Nov 2022 | £93,863 | £95,000 | 24 JOHN CANDLISH ROAD |
| 26 Jul 2022 | £90,243 | £90,000 | 40 CROMWELL STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 22 Apr 2016. Using an estimated price of £133,669 means this house is valued at £1,485 per sq meter (£137 per sq foot).
The average size of a house on CROMWELL STREET is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Cromwell Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Street |
| Mar 2024 | Bicycle theft | Under investigation | On or near Cromwell Street |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cromwell Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Ailesbury Street |