£181,158
This estimated value is based upon the latest sale price for the house of £105,500 on 23 Feb 2011. 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 |
|---|---|
| £105,500 | 23 Feb 2011 |
| £132,000 | 25 May 2007 |
| £120,000 | 27 Sep 2004 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,132 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 February 2011 the House Price Index for TYNE AND WEAR was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £105,500 results in an estimated price of approximately £181,158.
| 23 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £105,500 | £75,658 | £181,158 |
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 | 26.931 % | £28,411 | £133,911 |
| 3 Month Average | 12.397 % | £13,079 | £118,579 |
| 6 Month Average | 14.028 % | £14,799 | £120,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £116,410 | £115,000 | 8 KITCHENER STREET |
| 22 Mar 2023 | £65,618 | £65,000 | 23 KITCHENER STREET |
| 17 Jan 2023 | £154,273 | £155,000 | 183 CLEVELAND ROAD |
| 6 Jan 2023 | £156,762 | £157,500 | 72 COLCHESTER TERRACE |
| 27 May 2022 | £173,214 | £169,950 | 105 MOUNT ROAD |
This house has a floor area of 105 sq meters or 1,132 sq feet when measured on 10 Mar 2010. Using an estimated price of £181,158 means this house is valued at £1,722 per sq meter (£159 per sq foot).
The average size of a house on COLCHESTER TERRACE is 113 sq meters (1,226 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Colchester Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Colchester Terrace |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Colchester Terrace |
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road | |
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road |