£116,540
This estimated value is based upon the latest sale price for the house of £31,500 on 3 Aug 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,500 | 3 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 August 2000 the House Price Index for TYNE AND WEAR was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £31,500 results in an estimated price of approximately £116,540.
| 3 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £31,500 | £85,040 | £116,540 |
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 | 240.033 % | £75,610 | £107,110 |
| 3 Month Average | 169.423 % | £53,368 | £84,868 |
| 6 Month Average | 171.409 % | £53,993 | £85,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £86,277 | £85,000 | 27 GRANVILLE STREET |
| 30 Jun 2023 | £65,797 | £65,000 | 33 CLOSE STREET |
| 6 Apr 2023 | £87,947 | £87,000 | 34 GRANVILLE STREET |
| 31 Mar 2023 | £80,761 | £80,000 | 43 CLOSE STREET |
| 10 Feb 2023 | £60,459 | £60,500 | 31 CLOSE STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 17 May 2012. Using an estimated price of £116,541 means this house is valued at £1,253 per sq meter (£116 per sq foot).
The average size of a house on WESTBURY STREET is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Close Street |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Close Street |
| Feb 2024 | Other crime | Under investigation | On or near Close Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Close Street |
| Feb 2024 | Other crime | Under investigation | On or near Close Street |