£45,714
This estimated value is based upon the latest sale price for the house of £38,500 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Pine Street
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| Price Paid | Date |
|---|---|
| £38,500 | 25 Sep 2020 |
| £58,000 | 28 Aug 2015 |
| £68,000 | 9 Aug 2004 |
| £42,950 | 29 Aug 2003 |
| £27,000 | 28 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £38,500 results in an estimated price of approximately £45,714.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £38,500 | £7,214 | £45,714 |
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 | 29.918 % | £11,518 | £50,018 |
| 3 Month Average | -12.939 % | £-4,981 | £33,518 |
| 6 Month Average | -0.797 % | £-306 | £38,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £60,819 | £60,000 | 11 BRADY STREET |
| 6 Jun 2023 | £39,478 | £39,000 | 47 BRADY STREET |
| 24 Mar 2023 | £33,314 | £33,000 | 26 BRADY STREET |
| 20 Feb 2023 | £184,877 | £185,001 | 7 HOPKINS COURT |
| 21 Nov 2022 | £74,102 | £75,000 | 13 BRADY STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 21 Mar 2016. Using an estimated price of £45,714 means this house is valued at £662 per sq meter (£61 per sq foot).
The average size of a house on RUTLAND STREET is 73 sq meters (790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Pine Street |
| Feb 2024 | Public order | Under investigation | On or near Pine Street |
| Feb 2024 | Burglary | Under investigation | On or near Pine Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pine Street |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pine Street |