£137,871
This estimated value is based upon the latest sale price for the house of £137,500 on 29 Jul 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 |
---|---|
£137,500 | 29 Jul 2022 |
£95,000 | 2 Mar 2018 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 July 2022 the House Price Index for TYNE AND WEAR was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £137,500 results in an estimated price of approximately £137,871.
29 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 148.6 | 0.270 % | £137,500 | £371 | £137,871 |
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 | 4.615 % | £6,345 | £143,845 |
3 Month Average | -11.599 % | £-15,948 | £121,551 |
6 Month Average | -8.085 % | £-11,116 | £126,383 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £113,451 | £112,000 | 26 NORA STREET |
23 Aug 2023 | £131,147 | £130,000 | 27 DUNBAR STREET |
30 Jun 2023 | £142,223 | £140,500 | 188 CLEVELAND ROAD |
30 Jun 2023 | £187,268 | £185,000 | 186 CLEVELAND ROAD |
9 Aug 2022 | £135,635 | £136,000 | 33 DUNBAR STREET |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 12 Apr 2017. Using an estimated price of £137,871 means this house is valued at £1,603 per sq meter (£148 per sq foot).
The average size of a house on EASTFIELD STREET is 95 sq meters (1,031 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Farnham Terrace |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colchester Terrace |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Colchester Terrace |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Nora Street |