£45,851
This estimated value is based upon the latest sale price for the house of £39,950 on 16 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Thelma Street
More crime details
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| Price Paid | Date |
|---|---|
| £39,950 | 16 Dec 2020 |
| £39,000 | 1 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £39,950 results in an estimated price of approximately £45,851.
| 16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £39,950 | £5,901 | £45,851 |
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 | 34.149 % | £13,642 | £53,592 |
| 3 Month Average | 8.681 % | £3,468 | £43,418 |
| 6 Month Average | 4.421 % | £1,766 | £41,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £121,803 | £120,000 | 11 LEAMINGTON STREET |
| 25 Jul 2023 | £33,957 | £33,500 | 36 THELMA STREET |
| 21 Jul 2023 | £83,626 | £82,500 | 25 HUTTON STREET |
| 30 Mar 2023 | £55,523 | £55,000 | 13 THELMA STREET |
| 1 Mar 2023 | £71,675 | £71,000 | 11 VALE STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 12 Aug 2016. Using an estimated price of £45,851 means this house is valued at £804 per sq meter (£74 per sq foot).
The average size of a house on THELMA STREET is 99 sq meters (1,075 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Thelma Street | |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Thelma Street |
| Feb 2024 | Robbery | Investigation complete; no suspect identified | On or near Thelma Street |
| Feb 2024 | Anti-social behaviour | On or near Thelma Street | |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Thelma Street |