£42,230
This estimated value is based upon the latest sale price for the house of £36,000 on 16 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near South View Terrace
More crime details
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Price Paid | Date |
---|---|
£36,000 | 16 Oct 2020 |
£30,000 | 27 Jul 2020 |
£69,950 | 30 Jul 2004 |
Terraced |
Freehold |
Floor Area: 65 sq meters or 699 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £36,000 results in an estimated price of approximately £42,230.
16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £36,000 | £6,230 | £42,230 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -7.054 % | £-2,539 | £33,460 |
3 Month Average | 21.387 % | £7,699 | £43,699 |
6 Month Average | 15.909 % | £5,727 | £41,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £41,730 | £41,000 | 34 SOUTH VIEW TERRACE |
23 Jun 2023 | £65,797 | £65,000 | 38 SOUTH VIEW TERRACE |
28 Apr 2023 | £384,136 | £380,000 | 2 THE GRANARY |
10 Mar 2023 | £88,837 | £88,000 | 25 ST MICHAELS |
26 Jan 2023 | £126,952 | £127,550 | 48 ST MICHAELS |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 13 Jun 2012. Using an estimated price of £42,231 means this house is valued at £649 per sq meter (£60 per sq foot).
The average size of a house on SOUTH VIEW TERRACE is 75 sq meters (817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near South View Terrace |
Mar 2024 | Drugs | Under investigation | On or near South View Terrace |
Feb 2024 | Burglary | Awaiting court outcome | On or near South View Terrace |
Feb 2024 | Anti-social behaviour | On or near South View Terrace | |
Feb 2024 | Anti-social behaviour | On or near South View Terrace |