£73,388
This estimated value is based upon the latest sale price for the house of £68,400 on 18 Jun 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 |
---|---|
£68,400 | 18 Jun 2021 |
£75,000 | 9 May 2008 |
£40,000 | 27 Jun 2003 |
£33,000 | 28 Jul 1995 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £68,400 results in an estimated price of approximately £73,388.
18 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £68,400 | £4,988 | £73,388 |
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 | -1.828 % | £-1,250 | £67,149 |
3 Month Average | -19.007 % | £-13,000 | £55,399 |
6 Month Average | -14.616 % | £-9,997 | £58,402 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £86,277 | £85,000 | 27 GRANVILLE STREET |
30 Jun 2023 | £65,797 | £65,000 | 33 CLOSE STREET |
6 Apr 2023 | £87,947 | £87,000 | 34 GRANVILLE STREET |
31 Mar 2023 | £80,761 | £80,000 | 43 CLOSE STREET |
10 Feb 2023 | £60,459 | £60,500 | 31 CLOSE STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Jan 2018. Using an estimated price of £73,388 means this house is valued at £873 per sq meter (£81 per sq foot).
The average size of a house on WESTBURY STREET is 95 sq meters (1,023 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Close Street |
Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Close Street |
Feb 2024 | Other crime | Under investigation | On or near Close Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Close Street |
Feb 2024 | Other crime | Under investigation | On or near Close Street |