£105,175
This estimated value is based upon the latest sale price for the house of £60,000 on 13 Apr 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 13 Apr 2006 |
| £42,000 | 28 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 April 2006 the House Price Index for TYNE AND WEAR was 84.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.293%.Applying this 75.293% change to the original purchase price of £60,000 results in an estimated price of approximately £105,175.
| 13 Apr 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 84.8 | 148.6 | 75.293 % | £60,000 | £45,175 | £105,175 |
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 | 15.185 % | £9,110 | £69,110 |
| 3 Month Average | 4.735 % | £2,840 | £62,840 |
| 6 Month Average | 5.062 % | £3,037 | £63,037 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £61,538 | £61,000 | 1 MARTIN TERRACE |
| 28 Jul 2023 | £72,982 | £72,000 | 11 KIMBERLEY STREET |
| 23 Mar 2023 | £181,712 | £180,000 | 49 ST LUKES TERRACE |
| 1 Mar 2023 | £68,647 | £68,000 | 26 MAFEKING STREET |
| 10 Feb 2023 | £65,956 | £66,000 | 36 KIMBERLEY STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Jul 2014. Using an estimated price of £105,176 means this house is valued at £1,696 per sq meter (£157 per sq foot).
The average size of a house on GARFIELD STREET is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Garfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Garfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Garfield Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheridan Street |