£130,898
This estimated value is based upon the latest sale price for the house of £82,500 on 11 Jun 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£82,500 | 11 Jun 2007 |
£75,000 | 12 Oct 2006 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 733 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 June 2007 the House Price Index for TYNE AND WEAR was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £82,500 results in an estimated price of approximately £130,898.
11 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £82,500 | £48,398 | £130,898 |
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 | 13.472 % | £11,114 | £93,614 |
3 Month Average | -3.861 % | £-3,184 | £79,315 |
6 Month Average | -1.222 % | £-1,008 | £81,491 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
11 Jan 2023 | £76,639 | £77,000 | 14 TANFIELD STREET |
10 Jan 2023 | £598,182 | £601,000 | 22 TANFIELD STREET |
6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
6 Jan 2023 | £79,625 | £80,000 | 7 MARGARET ALICE STREET |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 9 Nov 2011. Using an estimated price of £130,898 means this house is valued at £1,921 per sq meter (£178 per sq foot).
The average size of a house on OXFORD STREET is 81 sq meters (874 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Tanfield Street | |
Mar 2024 | Other crime | Under investigation | On or near Tanfield Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tanfield Street |
Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Warennes Street |
Jan 2024 | Anti-social behaviour | On or near Warennes Street |