£124,775
This estimated value is based upon the latest sale price for the house of £39,950 on 11 Jan 2002. 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 |
---|---|
£39,950 | 11 Jan 2002 |
Semi-Detached |
Freehold |
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 January 2002 the House Price Index for TYNE AND WEAR was 47.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 212.329%.Applying this 212.329% change to the original purchase price of £39,950 results in an estimated price of approximately £124,775.
11 Jan 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 148.6 | 212.329 % | £39,950 | £84,825 | £124,775 |
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 | 196.130 % | £78,353 | £118,303 |
3 Month Average | 117.052 % | £46,762 | £86,712 |
6 Month Average | 121.785 % | £48,653 | £88,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £126,204 | £125,100 | 8 PRIMROSE STREET |
9 Jun 2023 | £101,226 | £100,000 | 6 VIOLET STREET |
22 Apr 2022 | £102,980 | £100,000 | 15A RAILWAY TERRACE |
13 Apr 2022 | £121,001 | £117,500 | 6 LILAC STREET |
8 Apr 2022 | £51,490 | £50,000 | 30 VIOLET STREET |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near High Street |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near High Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Albion Street |