£686,298
This estimated value is based upon the latest sale price for the house of £396,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £396,000 | 24 Jun 2011 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,413 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 June 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £396,000 results in an estimated price of approximately £686,298.
| 24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £396,000 | £290,298 | £686,298 |
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 | 18.963 % | £75,095 | £471,095 |
| 3 Month Average | 6.140 % | £24,313 | £420,313 |
| 6 Month Average | 12.807 % | £50,715 | £446,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £113,451 | £112,000 | 26 NORA STREET |
| 2 Jun 2023 | £116,410 | £115,000 | 8 KITCHENER STREET |
| 22 Mar 2023 | £65,618 | £65,000 | 23 KITCHENER STREET |
| 14 Feb 2023 | £479,677 | £480,000 | 46 BARNES VIEW |
| 9 Jan 2023 | £75,644 | £76,000 | 1 NORA STREET |
This house has a floor area of 224 sq meters or 2,413 sq feet when measured on 17 Mar 2011. Using an estimated price of £686,298 means this house is valued at £3,061 per sq meter (£284 per sq foot).
The average size of a house on BARNES VIEW is 174 sq meters (1,880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kitchener Street |
| Feb 2024 | Other crime | Investigation complete; no suspect identified | On or near Kitchener Street |
| Feb 2024 | Anti-social behaviour | On or near Kitchener Street | |
| Feb 2024 | Anti-social behaviour | On or near Kitchener Street | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kitchener Street |