£46,340
This estimated value is based upon the latest sale price for the house of £45,000 on 5 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £45,000 | 5 Apr 2022 |
| £40,000 | 26 Sep 2008 |
| £29,950 | 3 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £45,000 results in an estimated price of approximately £46,340.
| 5 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £45,000 | £1,340 | £46,340 |
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 | 23.491 % | £10,571 | £55,571 |
| 3 Month Average | -10.951 % | £-4,928 | £40,071 |
| 6 Month Average | -7.844 % | £-3,529 | £41,470 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £55,712 | £55,000 | 10 BRADY STREET |
| 4 Aug 2023 | £58,512 | £58,000 | 13 EAST MOOR ROAD |
| 14 Jul 2023 | £60,819 | £60,000 | 11 BRADY STREET |
| 6 Jun 2023 | £39,478 | £39,000 | 47 BRADY STREET |
| 24 Mar 2023 | £31,295 | £31,000 | 32 BRADY STREET |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 3 Jun 2021. Using an estimated price of £46,341 means this house is valued at £1,130 per sq meter (£105 per sq foot).
The average size of a house on EAST MOOR ROAD is 70 sq meters (756 sq feet).
This house is the smallest in the street with a floor area of 41 sq meters (441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Neville Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Garnet Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brady Street |
| Mar 2024 | Anti-social behaviour | On or near Magdelene Place | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Magdelene Place |