£69,263
This estimated value is based upon the latest sale price for the house of £38,000 on 1 Jul 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £38,000 | 1 Jul 2009 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 668 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 July 2009 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.273%.Applying this 82.273% change to the original purchase price of £38,000 results in an estimated price of approximately £69,263.
| 1 Jul 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.273 % | £38,000 | £31,263 | £69,263 |
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 | 66.420 % | £25,239 | £63,239 |
| 3 Month Average | 15.393 % | £5,849 | £43,849 |
| 6 Month Average | 16.484 % | £6,264 | £44,264 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £76,671 | £76,000 | 24 WILFRED STREET |
| 4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
| 10 Mar 2023 | £64,609 | £64,000 | 4 WILFRED STREET |
| 6 Jan 2023 | £79,625 | £80,000 | 7 MARGARET ALICE STREET |
| 6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
This house has a floor area of 62 sq meters or 668 sq feet when measured on 18 Feb 2009. Using an estimated price of £69,264 means this house is valued at £1,115 per sq meter (£103 per sq foot).
The average size of a house on WARENNES STREET is 73 sq meters (789 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Warennes Street |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street | |
| Jan 2024 | Anti-social behaviour | On or near Warennes Street |