£111,318
This estimated value is based upon the latest sale price for the house of £72,000 on 30 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£72,000 | 30 May 2014 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £72,000 results in an estimated price of approximately £111,318.
30 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £72,000 | £39,318 | £111,318 |
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 | 13.212 % | £9,512 | £81,512 |
3 Month Average | 4.314 % | £3,106 | £75,106 |
6 Month Average | 8.467 % | £6,096 | £78,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £80,916 | £79,500 | 26 HAWTHORN STREET |
30 Nov 2023 | £81,710 | £80,500 | 27 CHESTER STREET WEST |
10 Jul 2023 | £88,187 | £87,000 | 1A ROSSLYN STREET |
2 Jun 2023 | £91,104 | £90,000 | 14 AISKELL STREET |
6 Mar 2023 | £113,570 | £112,500 | 163 HYLTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Nov 2013. Using an estimated price of £111,318 means this house is valued at £1,309 per sq meter (£121 per sq foot).
The average size of a house on AISKELL STREET is 87 sq meters (946 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Aiskell Street |
Feb 2024 | Possession of weapons | Under investigation | On or near Hawthorn Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainton Street |
Feb 2024 | Vehicle crime | Under investigation | On or near Rainton Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rainton Street |