£113,620
This estimated value is based upon the latest sale price for the house of £33,500 on 8 Jun 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £33,500 | 8 Jun 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 June 2001 the House Price Index for TYNE AND WEAR was 43.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 239.164%.Applying this 239.164% change to the original purchase price of £33,500 results in an estimated price of approximately £113,620.
| 8 Jun 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 148.6 | 239.164 % | £33,500 | £80,120 | £113,620 |
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 | 192.015 % | £64,324 | £97,824 |
| 3 Month Average | 140.558 % | £47,086 | £80,586 |
| 6 Month Average | 158.930 % | £53,241 | £86,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
| 30 Jun 2022 | £114,620 | £113,000 | 5 PLANTATION SQUARE |
| 11 Apr 2022 | £41,140 | £39,950 | 32 WILFRED STREET |
| 28 Oct 2021 | £60,856 | £55,000 | 26 WARENNES STREET |
| 2 Aug 2021 | £130,527 | £117,000 | 7 CAWNPORE SQUARE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 17 Jul 2014. Using an estimated price of £113,620 means this house is valued at £1,321 per sq meter (£122 per sq foot).
The average size of a house on MIDMOOR ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Possession of weapons | Investigation complete; no suspect identified | On or near Warennes Street |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street |