£138,222
This estimated value is based upon the latest sale price for the house of £80,000 on 30 Sep 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 30 Sep 2011 |
| £60,000 | 17 Dec 2010 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 822 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 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £80,000 results in an estimated price of approximately £138,222.
| 30 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.778 % | £80,000 | £58,222 | £138,222 |
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 | 41.530 % | £33,223 | £113,223 |
| 3 Month Average | 16.825 % | £13,459 | £93,459 |
| 6 Month Average | 13.402 % | £10,721 | £90,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
| 6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
| 11 Aug 2022 | £109,655 | £109,950 | 8 FALKLAND ROAD |
| 30 Jun 2022 | £58,831 | £58,000 | 25 ONSLOW STREET |
| 28 Oct 2021 | £60,856 | £55,000 | 26 WARENNES STREET |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 23 Jun 2011. Using an estimated price of £138,222 means this house is valued at £1,808 per sq meter (£167 per sq foot).
The average size of a house on FOURSTONES ROAD is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fourstones Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Midmoor Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midmoor Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |