£101,305
This estimated value is based upon the latest sale price for the house of £75,000 on 14 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 14 Mar 2016 |
| £28,500 | 18 Mar 2015 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £75,000 results in an estimated price of approximately £101,305.
| 14 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £75,000 | £26,305 | £101,305 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -29.705 % | £-22,278 | £52,721 |
| 3 Month Average | -7.194 % | £-5,395 | £69,604 |
| 6 Month Average | -10.455 % | £-7,841 | £67,158 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £111,349 | £110,000 | 31 IRONSIDE STREET |
| 6 Apr 2023 | £96,034 | £95,000 | 125 SUNDERLAND STREET |
| 23 Feb 2023 | £55,663 | £55,700 | 15 OUTRAM STREET |
| 24 Feb 2022 | £71,311 | £68,000 | 33 OUTRAM STREET |
| 3 Dec 2021 | £123,208 | £115,000 | 20 EDWIN STREET |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 Jul 2014. Using an estimated price of £101,305 means this house is valued at £1,558 per sq meter (£144 per sq foot).
The average size of a house on IRONSIDE STREET is 93 sq meters (1,010 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sunderland Street |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sunderland Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Houghton Cut |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Houghton Cut |
| Mar 2024 | Anti-social behaviour | On or near Houghton Cut |