£192,208
This estimated value is based upon the latest sale price for the house of £120,000 on 2 May 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 May 2008 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,002 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 May 2008 the House Price Index for TYNE AND WEAR was 93.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.173%.Applying this 60.173% change to the original purchase price of £120,000 results in an estimated price of approximately £192,208.
| 2 May 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.5 | 149.7 | 60.173 % | £120,000 | £72,208 | £192,208 |
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 | -9.479 % | £-11,374 | £108,625 |
| 3 Month Average | -7.469 % | £-8,963 | £111,036 |
| 6 Month Average | 4.365 % | £5,237 | £125,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £73,260 | £71,400 | 32 MIDMOOR ROAD |
| 5 Oct 2023 | £51,162 | £50,000 | 22 WARENNES STREET |
| 23 Aug 2023 | £77,396 | £76,000 | 24 WILFRED STREET |
| 4 Aug 2023 | £59,065 | £58,000 | 6 ONSLOW STREET |
| 10 Mar 2023 | £65,087 | £64,000 | 4 WILFRED STREET |
This house has a floor area of 93 sq meters or 1,002 sq feet when measured on 15 Jan 2009. Using an estimated price of £192,208 means this house is valued at £2,064 per sq meter (£191 per sq foot).
The average size of a house on MIDMOOR ROAD is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Midmoor Road |
| Aug 2024 | Vehicle crime | Under investigation | On or near Midmoor Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Midmoor Road |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Warennes Street |
| Aug 2024 | Vehicle crime | Under investigation | On or near Plantation Road |