£127,808
This estimated value is based upon the latest sale price for the house of £103,500 on 28 Sep 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 |
|---|---|
| £103,500 | 28 Sep 2018 |
| £122,000 | 6 May 2011 |
| £63,500 | 23 May 2002 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £103,500 results in an estimated price of approximately £127,808.
| 28 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £103,500 | £24,308 | £127,808 |
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 | 34.325 % | £35,526 | £139,026 |
| 3 Month Average | 17.575 % | £18,190 | £121,690 |
| 6 Month Average | 9.033 % | £9,349 | £112,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £136,842 | £135,000 | 2 HARLOW STREET |
| 24 Nov 2022 | £6,175 | £6,250 | STUDY ROOM 16C, 68 - 84 HYLTON ROAD |
| 11 Nov 2022 | £74,102 | £75,000 | 9 CHESTER TERRACE NORTH |
| 23 May 2022 | £35,672 | £35,000 | 82 HYLTON ROAD |
| 9 Apr 2022 | £51,490 | £50,000 | 4 ST MARKS TERRACE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 12 Oct 2010. Using an estimated price of £127,809 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on MATAMBA TERRACE is 93 sq meters (1,005 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Matamba Terrace |
| Mar 2024 | Public order | Under investigation | On or near St Mark'S Terrace |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near St Mark'S Terrace |
| Mar 2024 | Drugs | Under investigation | On or near Langton Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near St Marks Crescent |