£49,052
This estimated value is based upon the latest sale price for the house of £40,000 on 7 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 |
---|---|
£40,000 | 7 Oct 2019 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 641 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 £40,000 results in an estimated price of approximately £49,052.
7 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £40,000 | £9,052 | £49,052 |
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 % | £20,323 | £60,323 |
3 Month Average | 1.519 % | £607 | £40,607 |
6 Month Average | 8.457 % | £3,382 | £43,382 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £77,353 | £76,000 | 10 DENE STREET |
27 Sep 2023 | £55,712 | £55,000 | 10 BRADY STREET |
4 Aug 2023 | £58,512 | £58,000 | 13 EAST MOOR ROAD |
14 Jul 2023 | £60,819 | £60,000 | 11 BRADY STREET |
16 Jun 2023 | £40,440 | £39,950 | 15 DENE STREET |
This house has a floor area of 59 sq meters or 641 sq feet when measured on 29 Mar 2010. Using an estimated price of £49,053 means this house is valued at £822 per sq meter (£76 per sq foot).
The average size of a house on REGINALD STREET is 113 sq meters (1,222 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (641 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Dene Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dene Street |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brady Street |
Mar 2024 | Burglary | Under investigation | On or near Pine Street |
Feb 2024 | Public order | Under investigation | On or near Pine Street |