£117,076
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Sep 2007. 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 | 28 Sep 2007 |
£23,000 | 25 Jan 2002 |
£18,500 | 4 Jan 2002 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 September 2007 the House Price Index for TYNE AND WEAR was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £75,000 results in an estimated price of approximately £117,076.
28 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £75,000 | £42,076 | £117,076 |
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 | 6.956 % | £5,217 | £80,217 |
3 Month Average | -7.251 % | £-5,438 | £69,561 |
6 Month Average | -3.717 % | £-2,788 | £72,211 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £77,353 | £76,000 | 10 DENE STREET |
8 Sep 2023 | £81,036 | £80,000 | 30 EAST MOOR ROAD |
25 Aug 2023 | £88,272 | £87,500 | 12 CHEVIOT STREET |
29 Jun 2023 | £84,018 | £83,000 | 4 CHEVIOT STREET |
16 Jun 2023 | £40,440 | £39,950 | 15 DENE STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 23 Jun 2014. Using an estimated price of £117,076 means this house is valued at £1,829 per sq meter (£169 per sq foot).
The average size of a house on CHEVIOT STREET is 85 sq meters (924 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Orchard Street | |
Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
Feb 2024 | Anti-social behaviour | On or near Orchard Street | |
Feb 2024 | Anti-social behaviour | On or near Orchard Street |