£53,715
This estimated value is based upon the latest sale price for the house of £39,999 on 20 May 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£39,999 | 20 May 2016 |
Terraced |
Freehold |
Floor Area: 60 sq meters or 645 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 2016 the House Price Index for TYNE AND WEAR was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £39,999 results in an estimated price of approximately £53,715.
20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £39,999 | £13,716 | £53,715 |
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 | 31.628 % | £12,650 | £52,649 |
3 Month Average | 9.967 % | £3,986 | £43,985 |
6 Month Average | 13.055 % | £5,221 | £45,220 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £106,578 | £105,000 | 41A FLINT ROAD |
18 Jul 2023 | £106,432 | £105,000 | 26 CIRENCESTER STREET |
29 Jun 2023 | £80,981 | £80,000 | 35 ST CUTHBERTS TERRACE |
7 Mar 2023 | £85,304 | £84,500 | 15 CIRENCESTER STREET |
15 Feb 2023 | £89,939 | £90,000 | 40 ST CUTHBERTS TERRACE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 29 Apr 2016. Using an estimated price of £53,715 means this house is valued at £895 per sq meter (£83 per sq foot).
The average size of a house on CIRENCESTER STREET is 88 sq meters (951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Terrace | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near St Cuthbert'S Terrace |
Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Terrace | |
Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Terrace |