£80,299
This estimated value is based upon the latest sale price for the house of £74,950 on 3 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£74,950 | 3 Dec 2021 |
£80,000 | 4 Apr 2007 |
£31,000 | 11 Jun 1999 |
£32,000 | 17 Feb 1995 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £74,950 results in an estimated price of approximately £80,299.
3 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £74,950 | £5,349 | £80,299 |
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 | 7.274 % | £5,452 | £80,402 |
3 Month Average | -3.403 % | £-2,550 | £72,399 |
6 Month Average | -1.220 % | £-914 | £74,035 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £71,001 | £69,950 | 34 FRANKLIN STREET |
27 Sep 2023 | £118,515 | £117,000 | 19 CROMWELL STREET |
10 Jul 2023 | £101,314 | £99,950 | 20 JOHN CANDLISH ROAD |
6 Mar 2023 | £113,570 | £112,500 | 163 HYLTON ROAD |
24 Nov 2022 | £6,175 | £6,250 | STUDYROOM 3 180 HYLTON ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 6 Jan 2014. Using an estimated price of £80,300 means this house is valued at £1,638 per sq meter (£152 per sq foot).
The average size of a house on FRANKLIN STREET is 88 sq meters (950 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Candlish Road |
Feb 2024 | Criminal damage and arson | Under investigation | On or near John Candlish Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near John Candlish Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Street |
Mar 2024 | Anti-social behaviour | On or near Cromwell Street |