£185,358
This estimated value is based upon the latest sale price for the house of £149,950 on 16 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £149,950 | 16 May 2019 |
| £132,000 | 13 May 2016 |
| £120,000 | 15 Aug 2013 |
| £123,000 | 10 Jan 2007 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £149,950 results in an estimated price of approximately £185,358.
| 16 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £149,950 | £35,408 | £185,358 |
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 | 32.594 % | £48,875 | £198,825 |
| 3 Month Average | -11.516 % | £-17,268 | £132,681 |
| 6 Month Average | 0.970 % | £1,454 | £151,404 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £223,918 | £220,000 | 8 THE WESTLANDS |
| 10 Nov 2023 | £147,179 | £145,000 | 31 COLCHESTER TERRACE |
| 29 Sep 2023 | £117,502 | £116,000 | 19 ABINGDON STREET |
| 27 Sep 2023 | £157,007 | £155,000 | 45 BARNARD STREET |
| 14 Sep 2023 | £124,593 | £123,000 | 10 COLCHESTER TERRACE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Apr 2013. Using an estimated price of £185,359 means this house is valued at £2,130 per sq meter (£197 per sq foot).
The average size of a house on BARNARD STREET is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barnard Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abingdon Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Dunbar Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Terrace |