£405,934
This estimated value is based upon the latest sale price for the house of £255,813 on 1 Apr 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£255,813 | 1 Apr 2008 |
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 April 2008 the House Price Index for TYNE AND WEAR was 93.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.684%.Applying this 58.684% change to the original purchase price of £255,813 results in an estimated price of approximately £405,934.
1 Apr 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 148.6 | 58.684 % | £255,813 | £150,121 | £405,934 |
The Postcode Pricing Model uses changes in average sales price within the SR1 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 | -75.729 % | £-193,725 | £62,087 |
3 Month Average | -67.455 % | £-172,557 | £83,255 |
6 Month Average | -65.574 % | £-167,747 | £88,065 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £12,214 | £12,000 | ROOM D4 24 - 26 NORFOLK STREET |
19 Dec 2023 | £12,214 | £12,000 | ROOM D2 24 - 26 NORFOLK STREET |
11 Dec 2023 | £12,214 | £12,000 | ROOM D1 24 - 26 NORFOLK STREET |
11 Dec 2023 | £12,214 | £12,000 | ROOM G5 24 - 26 NORFOLK STREET |
11 Dec 2023 | £12,214 | £12,000 | ROOM F5 24 - 26 NORFOLK STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Robbery | Investigation complete; no suspect identified | On or near Villiers Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Villiers Street |
Feb 2024 | Drugs | Under investigation | On or near Villiers Street |
Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Villiers Street |