£148,233
This estimated value is based upon the latest sale price for the house of £86,000 on 2 Dec 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 |
|---|---|
| £86,000 | 2 Dec 2011 |
| £76,000 | 5 Sep 2003 |
| £37,000 | 20 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 827 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 December 2011 the House Price Index for TYNE AND WEAR was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £86,000 results in an estimated price of approximately £148,233.
| 2 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £86,000 | £62,233 | £148,233 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -32.438 % | £-27,896 | £58,103 |
| 3 Month Average | -4.501 % | £-3,870 | £82,129 |
| 6 Month Average | -4.923 % | £-4,233 | £81,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £111,349 | £110,000 | 31 IRONSIDE STREET |
| 6 Apr 2023 | £57,620 | £57,000 | 4 HEATH GRANGE |
| 23 Feb 2023 | £55,663 | £55,700 | 15 OUTRAM STREET |
| 6 Jan 2023 | £132,376 | £133,000 | 9 HEATH GRANGE |
| 24 Feb 2022 | £71,311 | £68,000 | 33 OUTRAM STREET |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 17 Sep 2010. Using an estimated price of £148,234 means this house is valued at £1,927 per sq meter (£179 per sq foot).
The average size of a house on EDWIN STREET is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Shields Place |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mildred Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Elizabeth Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Elizabeth Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sunderland Street |