£60,130
This estimated value is based upon the latest sale price for the house of £35,000 on 9 May 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£35,000 | 9 May 2012 |
Terraced |
Freehold |
Floor Area: 61 sq meters or 665 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 May 2012 the House Price Index for TYNE AND WEAR was 87.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.800%.Applying this 71.800% change to the original purchase price of £35,000 results in an estimated price of approximately £60,130.
9 May 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.1 | 149.7 | 71.800 % | £35,000 | £25,130 | £60,130 |
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 | 35.245 % | £12,335 | £47,335 |
3 Month Average | 21.026 % | £7,359 | £42,359 |
6 Month Average | 29.362 % | £10,276 | £45,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £73,260 | £71,400 | 32 MIDMOOR ROAD |
5 Oct 2023 | £51,162 | £50,000 | 22 WARENNES STREET |
23 Aug 2023 | £77,396 | £76,000 | 24 WILFRED STREET |
10 Mar 2023 | £65,087 | £64,000 | 4 WILFRED STREET |
6 Jan 2023 | £35,094 | £35,000 | 28 WARENNES STREET |
This house has a floor area of 61 sq meters or 665 sq feet when measured on 17 Jan 2012. Using an estimated price of £60,130 means this house is valued at £972 per sq meter (£90 per sq foot).
The average size of a house on WILFRED STREET is 74 sq meters (802 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Margaret Alice Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Margaret Alice Street |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilfred Street |
Aug 2024 | Burglary | Under investigation | On or near Wilfred Street |
May 2024 | Drugs | Under investigation | On or near Wilfred Street |