£116,135
This estimated value is based upon the latest sale price for the house of £99,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £99,000 | 30 Oct 2020 |
| £59,950 | 23 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £99,000 results in an estimated price of approximately £116,135.
| 30 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £99,000 | £17,135 | £116,135 |
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 | 33.444 % | £33,109 | £132,109 |
| 3 Month Average | 7.427 % | £7,353 | £106,353 |
| 6 Month Average | 4.492 % | £4,447 | £103,447 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £141,185 | £139,950 | 46 GENERAL GRAHAM STREET |
| 14 Jul 2023 | £129,239 | £127,500 | 28 JACKSON STREET |
| 28 Oct 2022 | £85,084 | £86,000 | 4 COOPERATIVE TERRACE |
| 25 Aug 2022 | £111,699 | £112,000 | 18 COOPERATIVE TERRACE |
| 12 Aug 2022 | £117,185 | £117,500 | 66 GENERAL GRAHAM STREET |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 27 Feb 2016. Using an estimated price of £116,135 means this house is valued at £795 per sq meter (£73 per sq foot).
The average size of a house on COOPERATIVE TERRACE is 120 sq meters (1,298 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Co-Operative Terrace |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Wolseley Terrace |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Wolseley Terrace |