£114,413
This estimated value is based upon the latest sale price for the house of £92,500 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £92,500 | 7 Aug 2018 |
| £82,500 | 28 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £92,500 results in an estimated price of approximately £114,413.
| 7 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £92,500 | £21,913 | £114,413 |
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 | 11.324 % | £10,474 | £102,974 |
| 3 Month Average | 8.201 % | £7,585 | £100,085 |
| 6 Month Average | 10.015 % | £9,263 | £101,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £55,000 | £55,000 | 29 VIOLET STREET |
| 3 Nov 2023 | £77,142 | £76,000 | 10 VIOLET STREET |
| 13 Jan 2023 | £72,658 | £73,000 | 8 VIOLET STREET |
| 4 Nov 2022 | £39,522 | £40,001 | 9A ATKINSONS BUILDINGS TRIMDON STREET |
| 1 Jul 2022 | £75,202 | £75,000 | 40 VIOLET STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 21 Aug 2012. Using an estimated price of £114,414 means this house is valued at £1,733 per sq meter (£161 per sq foot).
The average size of a house on ALLIANCE PLACE is 92 sq meters (995 sq feet).
This house is the largest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Alliance Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alliance Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Alliance Street |
| Mar 2024 | Other theft | Under investigation | On or near Alliance Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Alliance Street |