£105,065
This estimated value is based upon the latest sale price for the house of £62,000 on 27 Aug 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,000 | 27 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 839 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 August 2010 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £62,000 results in an estimated price of approximately £105,065.
| 27 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £62,000 | £43,065 | £105,065 |
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 | 17.449 % | £10,818 | £72,818 |
| 3 Month Average | 2.675 % | £1,658 | £63,658 |
| 6 Month Average | 3.902 % | £2,419 | £64,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £109,176 | £108,000 | 34 HYLTON STREET |
| 30 Mar 2023 | £68,647 | £68,000 | 74 ST MARKS ROAD |
| 7 Nov 2022 | £20,008 | £20,250 | 25 HOUGHTON STREET |
| 25 Feb 2022 | £82,847 | £79,000 | 29 DUKE STREET |
| 21 Jan 2022 | £57,882 | £55,000 | 68 ST MARKS ROAD |
This house has a floor area of 77 sq meters or 839 sq feet when measured on 4 Jan 2010. Using an estimated price of £105,066 means this house is valued at £1,347 per sq meter (£125 per sq foot).
The average size of a house on DUKE STREET is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainton Street |
| Feb 2024 | Vehicle crime | Under investigation | On or near Rainton Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rainton Street |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Chester Street |