£95,355
This estimated value is based upon the latest sale price for the house of £44,500 on 30 Jan 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near South View Terrace
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| Price Paid | Date |
|---|---|
| £44,500 | 30 Jan 2004 |
| £33,000 | 17 Jan 2003 |
| £23,000 | 4 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 608 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 2004 the House Price Index for TYNE AND WEAR was 69.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 114.281%.Applying this 114.281% change to the original purchase price of £44,500 results in an estimated price of approximately £95,355.
| 30 Jan 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 69.3 | 148.6 | 114.281 % | £44,500 | £50,855 | £95,355 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 21.243 % | £9,453 | £53,953 |
| 3 Month Average | 35.684 % | £15,879 | £60,379 |
| 6 Month Average | 41.784 % | £18,593 | £63,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £41,730 | £41,000 | 34 SOUTH VIEW TERRACE |
| 23 Jun 2023 | £65,797 | £65,000 | 38 SOUTH VIEW TERRACE |
| 28 Apr 2023 | £384,136 | £380,000 | 2 THE GRANARY |
| 10 Mar 2023 | £88,837 | £88,000 | 25 ST MICHAELS |
| 26 Jan 2023 | £126,952 | £127,550 | 48 ST MICHAELS |
This house has a floor area of 56 sq meters or 608 sq feet when measured on 23 Nov 2010. Using an estimated price of £95,355 means this house is valued at £1,685 per sq meter (£156 per sq foot).
The average size of a house on SOUTH VIEW TERRACE is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near South View Terrace |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near South View Terrace |
| Feb 2024 | Anti-social behaviour | On or near South View Terrace | |
| Feb 2024 | Anti-social behaviour | On or near South View Terrace | |
| Feb 2024 | Burglary | Awaiting court outcome | On or near South View Terrace |