£125,772
This estimated value is based upon the latest sale price for the house of £88,000 on 26 Aug 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 |
|---|---|
| £88,000 | 26 Aug 2015 |
| £120,000 | 24 Jun 2011 |
| £117,500 | 8 Dec 2006 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 800 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £88,000 results in an estimated price of approximately £125,772.
| 26 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £88,000 | £37,772 | £125,772 |
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 | 57.699 % | £50,774 | £138,774 |
| 3 Month Average | 4.414 % | £3,884 | £91,884 |
| 6 Month Average | 9.888 % | £8,701 | £96,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £93,192 | £92,000 | 60 RAVENSWORTH STREET |
| 20 Jul 2023 | £32,437 | £32,000 | 3 MILLBURN STREET |
| 18 Apr 2023 | £101,088 | £100,000 | 26 HYLTON ROAD |
| 6 Apr 2023 | £49,533 | £49,000 | 77 MILLBURN STREET |
| 23 Mar 2023 | £135,274 | £134,000 | 32 HYLTON ROAD |
This house has a floor area of 74 sq meters or 800 sq feet when measured on 18 Jan 2011. Using an estimated price of £125,772 means this house is valued at £1,690 per sq meter (£157 per sq foot).
There is one other house on the street which we know the size of, this is 17 DAHLIA COURT it is 83.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Dahlia Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Dahlia Court |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Deptford Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Marguerite Court |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marguerite Court |