£93,936
This estimated value is based upon the latest sale price for the house of £73,000 on 17 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£73,000 | 17 May 2017 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £73,000 results in an estimated price of approximately £93,936.
17 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £73,000 | £20,936 | £93,936 |
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 | 108.411 % | £79,139 | £152,139 |
3 Month Average | 17.124 % | £12,500 | £85,500 |
6 Month Average | 13.264 % | £9,682 | £82,682 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Dec 2023 | £225,953 | £222,000 | 42 ORMONDE STREET |
29 Apr 2022 | £101,950 | £99,000 | 5 GRETA TERRACE |
18 Mar 2022 | £253,884 | £245,000 | 60 ORMONDE STREET |
10 Mar 2022 | £202,071 | £195,000 | 50 ORMONDE STREET |
1 Nov 2021 | £183,857 | £170,000 | 44 ORMONDE STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 24 Jan 2017. Using an estimated price of £93,937 means this house is valued at £1,105 per sq meter (£102 per sq foot).
The average size of a house on GENERAL GRAHAM STREET is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ormonde Street |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chatsworth Street |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chatsworth Street |
Feb 2024 | Public order | Under investigation | On or near Chatsworth Street |
Feb 2024 | Public order | Under investigation | On or near Chatsworth Street |