£46,940
This estimated value is based upon the latest sale price for the house of £38,000 on 21 Feb 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £38,000 | 21 Feb 2019 |
| £79,950 | 27 Apr 2006 |
| £37,000 | 2 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £38,000 results in an estimated price of approximately £46,940.
| 21 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £38,000 | £8,940 | £46,940 |
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 | 24.576 % | £9,338 | £47,338 |
| 3 Month Average | 9.860 % | £3,746 | £41,746 |
| 6 Month Average | 11.843 % | £4,500 | £42,500 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £201,990 | £199,000 | 79 FLINT ROAD |
| 27 Sep 2023 | £118,515 | £117,000 | 19 CROMWELL STREET |
| 26 Jul 2022 | £90,243 | £90,000 | 40 CROMWELL STREET |
| 30 Jun 2022 | £163,815 | £161,500 | 99A FLINT ROAD |
| 2 Dec 2021 | £49,283 | £46,000 | 12 ROBERT STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 2 Jan 2019. Using an estimated price of £46,940 means this house is valued at £680 per sq meter (£63 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Robert Street |
| Jan 2024 | Anti-social behaviour | On or near Albert Road | |
| Jan 2024 | Anti-social behaviour | On or near Albert Road | |
| Jan 2024 | Anti-social behaviour | On or near Albert Road |