£140,732
This estimated value is based upon the latest sale price for the house of £25,000 on 3 May 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £25,000 | 3 May 1995 |
| Terraced |
| Freehold |
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 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £25,000 results in an estimated price of approximately £140,732.
| 3 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £25,000 | £115,732 | £140,732 |
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 | 239.871 % | £59,967 | £84,967 |
| 3 Month Average | 177.839 % | £44,459 | £69,459 |
| 6 Month Average | 194.137 % | £48,534 | £73,534 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £76,671 | £76,000 | 24 WILFRED STREET |
| 10 Mar 2023 | £64,609 | £64,000 | 4 WILFRED STREET |
| 6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
| 6 Jan 2023 | £79,625 | £80,000 | 7 MARGARET ALICE STREET |
| 15 Jul 2022 | £88,238 | £88,000 | 6 MARGARET ALICE STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wilfred Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Plantation Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Oxford Square |
| Mar 2024 | Other crime | Under investigation | On or near Oxford Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Oxford Square |