£59,891
This estimated value is based upon the latest sale price for the house of £25,000 on 25 Apr 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £25,000 | 25 Apr 2003 |
| £20,000 | 20 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 April 2003 the House Price Index for TYNE AND WEAR was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £25,000 results in an estimated price of approximately £59,891.
| 25 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.0 | 148.6 | 139.568 % | £25,000 | £34,891 | £59,891 |
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 | 102.172 % | £25,542 | £50,542 |
| 3 Month Average | 82.951 % | £20,737 | £45,737 |
| 6 Month Average | 94.683 % | £23,670 | £48,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £65,797 | £65,000 | 33 CLOSE STREET |
| 27 Jun 2023 | £174,109 | £172,000 | 8 GREENER ROAD |
| 31 Mar 2023 | £80,761 | £80,000 | 43 CLOSE STREET |
| 10 Feb 2023 | £60,459 | £60,500 | 31 CLOSE STREET |
| 6 Jan 2023 | £100,526 | £101,000 | 3 GREENER ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 15 Nov 2013. Using an estimated price of £59,892 means this house is valued at £1,174 per sq meter (£109 per sq foot).
The average size of a house on HADRIAN STREET is 77 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Under investigation | On or near Westbury Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westbury Street |
| Feb 2024 | Other crime | Under investigation | On or near Westbury Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Westbury Street |
| Jan 2024 | Anti-social behaviour | On or near Albert Road |