£83,692
This estimated value is based upon the latest sale price for the house of £50,000 on 15 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 15 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £50,000 results in an estimated price of approximately £83,692.
| 15 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £50,000 | £33,692 | £83,692 |
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 | 26.783 % | £13,391 | £63,391 |
| 3 Month Average | 15.240 % | £7,619 | £57,619 |
| 6 Month Average | 11.304 % | £5,652 | £55,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £42,724 | £42,149 | 36 EXETER STREET |
| 31 Mar 2023 | £82,780 | £82,000 | 34 MORTIMER STREET |
| 23 Mar 2023 | £181,712 | £180,000 | 49 ST LUKES TERRACE |
| 3 Mar 2023 | £33,314 | £33,000 | 26 EXETER STREET |
| 1 Mar 2023 | £68,647 | £68,000 | 26 MAFEKING STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 25 Oct 2017. Using an estimated price of £83,692 means this house is valued at £1,178 per sq meter (£109 per sq foot).
There is one other house on the street which we know the size of, this is 2 SHERIDAN STREET it is 53.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheridan Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sheridan Street |
| Jan 2024 | Anti-social behaviour | On or near Garfield Street |