£148,964
This estimated value is based upon the latest sale price for the house of £105,000 on 17 Sep 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£105,000 | 17 Sep 2015 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,101 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 September 2015 the House Price Index for TYNE AND WEAR was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £105,000 results in an estimated price of approximately £148,964.
17 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 148.6 | 41.871 % | £105,000 | £43,964 | £148,964 |
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 | 30.016 % | £31,516 | £136,516 |
3 Month Average | 8.119 % | £8,525 | £113,525 |
6 Month Average | 9.397 % | £9,867 | £114,867 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Sep 2023 | £43,050 | £42,500 | 43 GILSLAND STREET |
21 Jul 2023 | £89,201 | £88,000 | 60 SORLEY STREET |
24 Aug 2022 | £94,745 | £95,000 | 7 SORLEY STREET |
30 Jun 2022 | £106,505 | £105,000 | 47 SORLEY STREET |
10 Mar 2022 | £82,383 | £79,500 | 12 HOWARTH STREET |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 17 Mar 2010. Using an estimated price of £148,964 means this house is valued at £1,455 per sq meter (£135 per sq foot).
The average size of a house on SORLEY STREET is 101 sq meters (1,095 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Sorley Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sorley Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sorley Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sorley Street |
Feb 2024 | Public order | Under investigation | On or near Sorley Street |