£102,639
This estimated value is based upon the latest sale price for the house of £55,500 on 5 May 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,500 | 5 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 613 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 2005 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £55,500 results in an estimated price of approximately £102,639.
| 5 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £55,500 | £47,139 | £102,639 |
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 | 26.452 % | £14,681 | £70,181 |
| 3 Month Average | 4.036 % | £2,240 | £57,740 |
| 6 Month Average | 5.956 % | £3,305 | £58,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £45,801 | £45,000 | 15 MORTIMER STREET |
| 7 Jul 2023 | £42,724 | £42,149 | 36 EXETER STREET |
| 31 Mar 2023 | £82,780 | £82,000 | 34 MORTIMER STREET |
| 3 Mar 2023 | £33,314 | £33,000 | 26 EXETER STREET |
| 17 Feb 2023 | £59,960 | £60,000 | 2 EXETER STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 4 Nov 2013. Using an estimated price of £102,639 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on EXETER STREET is 73 sq meters (786 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Exeter Street |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Exeter Street |
| Jan 2024 | Anti-social behaviour | On or near Exeter Street | |
| Jan 2024 | Anti-social behaviour | On or near Exeter Street | |
| Jan 2024 | Anti-social behaviour | On or near Exeter Street |