£166,433
This estimated value is based upon the latest sale price for the house of £34,000 on 19 Dec 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £34,000 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 40 sq meters or 430 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 December 1997 the House Price Index for TYNE AND WEAR was 30.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 389.509%.Applying this 389.509% change to the original purchase price of £34,000 results in an estimated price of approximately £166,433.
| 19 Dec 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.4 | 148.6 | 389.509 % | £34,000 | £132,433 | £166,433 |
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 | 194.700 % | £66,197 | £100,197 |
| 3 Month Average | 179.360 % | £60,982 | £94,982 |
| 6 Month Average | 184.385 % | £62,690 | £96,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £66,158 | £65,000 | 10 TANFIELD STREET |
| 1 Dec 2023 | £45,801 | £45,000 | 15 MORTIMER STREET |
| 12 Sep 2023 | £40,467 | £39,950 | 19 STRATFIELD STREET |
| 28 Jul 2023 | £78,050 | £77,000 | 6 TANFIELD STREET |
| 31 Mar 2023 | £82,780 | £82,000 | 34 MORTIMER STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 20 May 2017. Using an estimated price of £166,433 means this house is valued at £4,160 per sq meter (£386 per sq foot).
The average size of a house on OXFORD STREET is 81 sq meters (874 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Tanfield Street |
| Mar 2024 | Anti-social behaviour | On or near Tanfield Street | |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tanfield Street |
| Mar 2024 | Other crime | Under investigation | On or near Mortimer Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stratfield Street |