£127,946
This estimated value is based upon the latest sale price for the house of £72,000 on 15 Feb 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 |
|---|---|
| £72,000 | 15 Feb 2006 |
| £33,950 | 15 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 February 2006 the House Price Index for TYNE AND WEAR was 83.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 77.703%.Applying this 77.703% change to the original purchase price of £72,000 results in an estimated price of approximately £127,946.
| 15 Feb 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 148.6 | 77.703 % | £72,000 | £55,946 | £127,946 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 37.710 % | £27,151 | £99,151 |
| 3 Month Average | 30.985 % | £22,309 | £94,309 |
| 6 Month Average | 20.438 % | £14,715 | £86,715 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £253,187 | £249,950 | 9 ST MATTHEWS VIEW |
| 27 Jun 2023 | £187,268 | £185,000 | 8 ST MATTHEWS VIEW |
| 15 Mar 2023 | £43,409 | £43,000 | 3 WYNYARD STREET |
| 10 Mar 2023 | £113,570 | £112,500 | 5 EDWARD STREET |
| 3 Mar 2023 | £74,199 | £73,500 | 15 WYNYARD STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Jun 2016. Using an estimated price of £127,946 means this house is valued at £1,599 per sq meter (£148 per sq foot).
The average size of a house on WYNYARD STREET is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Athol Grove |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stewart Street |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Stewart Street |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Stewart Street |
| Dec 2023 | Other theft | Under investigation | On or near Stewart Street |