£109,649
This estimated value is based upon the latest sale price for the house of £58,250 on 26 Nov 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £58,250 | 26 Nov 2004 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 November 2004 the House Price Index for TYNE AND WEAR was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £58,250 results in an estimated price of approximately £109,649.
| 26 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £58,250 | £51,399 | £109,649 |
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 | 14.688 % | £8,555 | £66,805 |
| 3 Month Average | 4.013 % | £2,337 | £60,587 |
| 6 Month Average | 9.149 % | £5,329 | £63,579 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £80,916 | £79,500 | 26 HAWTHORN STREET |
| 14 Sep 2023 | £43,050 | £42,500 | 43 GILSLAND STREET |
| 21 Apr 2022 | £51,490 | £50,000 | 35 HAWTHORN STREET |
| 10 Mar 2022 | £82,383 | £79,500 | 12 HOWARTH STREET |
| 17 Dec 2020 | £1,933,897 | £1,685,000 | 173 HYLTON ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 7 Dec 2015. Using an estimated price of £109,649 means this house is valued at £1,130 per sq meter (£105 per sq foot).
The average size of a house on GILSLAND STREET is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gilsland Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Howarth Street |
| Feb 2024 | Possession of weapons | Under investigation | On or near Hawthorn Street |
| Mar 2024 | Vehicle crime | Under investigation | On or near Clifford Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Clifford Street |