£179,360
This estimated value is based upon the latest sale price for the house of £102,000 on 25 May 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£102,000 | 25 May 2006 |
£69,950 | 31 Jan 2003 |
£40,000 | 14 Jan 2000 |
£43,000 | 5 Dec 1997 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 729 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 May 2006 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £102,000 results in an estimated price of approximately £179,360.
25 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.844 % | £102,000 | £77,360 | £179,360 |
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 | 1.711 % | £1,745 | £103,745 |
3 Month Average | 1.453 % | £1,481 | £103,481 |
6 Month Average | 11.553 % | £11,784 | £113,784 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £123,125 | £120,000 | 28 QUEENS CRESCENT |
4 Aug 2023 | £93,690 | £92,000 | 28 GENERAL GRAHAM STREET |
23 Jun 2023 | £132,658 | £130,000 | 18 QUEENS CRESCENT |
19 Jun 2023 | £123,474 | £121,000 | 23 GENERAL GRAHAM STREET |
10 Feb 2023 | £137,921 | £137,000 | 65 CLEVELAND ROAD |
This house has a floor area of 67 sq meters or 729 sq feet when measured on 2 Jul 2009. Using an estimated price of £179,361 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on GENERAL GRAHAM STREET is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Oaklands Terrace |
Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace | |
Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace | |
Jun 2024 | Anti-social behaviour | On or near Oaklands Terrace | |
Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Oaklands Terrace |