£202,630
This estimated value is based upon the latest sale price for the house of £130,000 on 11 Jan 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 11 Jan 2008 |
| £100,000 | 24 Nov 2006 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 January 2008 the House Price Index for TYNE AND WEAR was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £130,000 results in an estimated price of approximately £202,630.
| 11 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 148.6 | 55.870 % | £130,000 | £72,630 | £202,630 |
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 | 5.207 % | £6,769 | £136,769 |
| 3 Month Average | -5.793 % | £-7,530 | £122,469 |
| 6 Month Average | -3.061 % | £-3,978 | £126,021 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £45,801 | £45,000 | 15 MORTIMER STREET |
| 12 Sep 2023 | £40,467 | £39,950 | 19 STRATFIELD STREET |
| 7 Jul 2023 | £42,724 | £42,149 | 36 EXETER STREET |
| 31 Mar 2023 | £82,780 | £82,000 | 34 MORTIMER STREET |
| 3 Mar 2023 | £33,314 | £33,000 | 26 EXETER STREET |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Jun 2016. Using an estimated price of £202,630 means this house is valued at £1,876 per sq meter (£174 per sq foot).
The average size of a house on OXFORD STREET is 81 sq meters (874 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,162 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Mortimer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Exeter Street |
| Jan 2024 | Anti-social behaviour | On or near Exeter Street | |
| Jan 2024 | Vehicle crime | Under investigation | On or near Exeter Street |