£88,246
This estimated value is based upon the latest sale price for the house of £70,000 on 15 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,000 | 15 Nov 2017 |
£96,000 | 7 Dec 2007 |
£55,000 | 9 Feb 2005 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £70,000 results in an estimated price of approximately £88,246.
15 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £70,000 | £18,246 | £88,246 |
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 | 55.817 % | £39,072 | £109,072 |
3 Month Average | 10.563 % | £7,394 | £77,394 |
6 Month Average | 6.659 % | £4,661 | £74,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £80,916 | £79,500 | 26 HAWTHORN STREET |
14 Sep 2023 | £43,050 | £42,500 | 43 GILSLAND STREET |
21 Apr 2022 | £51,490 | £50,000 | 35 HAWTHORN STREET |
10 Mar 2022 | £82,383 | £79,500 | 12 HOWARTH STREET |
17 Dec 2020 | £1,933,897 | £1,685,000 | 173 HYLTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 Sep 2015. Using an estimated price of £88,247 means this house is valued at £1,378 per sq meter (£128 per sq foot).
The average size of a house on GILSLAND STREET is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gilsland Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Howarth Street |
Feb 2024 | Possession of weapons | Under investigation | On or near Hawthorn Street |
Mar 2024 | Vehicle crime | Under investigation | On or near Clifford Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Clifford Street |