£159,387
This estimated value is based upon the latest sale price for the house of £118,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£118,000 | 24 Mar 2016 |
£125,000 | 23 Jul 2012 |
£35,000 | 8 Jan 2002 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 March 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £118,000 results in an estimated price of approximately £159,387.
24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 148.6 | 35.074 % | £118,000 | £41,387 | £159,387 |
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 | 30.965 % | £36,538 | £154,538 |
3 Month Average | 16.452 % | £19,413 | £137,413 |
6 Month Average | 9.285 % | £10,956 | £128,956 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £108,608 | £107,000 | 77 SORLEY STREET |
3 Nov 2023 | £98,458 | £97,000 | 33 ELDON STREET |
21 Sep 2023 | £60,777 | £60,000 | 18 BRUNTON TERRACE |
11 Aug 2023 | £80,706 | £80,000 | 29 ELDON STREET |
30 Jun 2023 | £111,349 | £110,000 | 25 ELDON STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 17 May 2012. Using an estimated price of £159,387 means this house is valued at £1,462 per sq meter (£135 per sq foot).
The average size of a house on SORLEY STREET is 101 sq meters (1,095 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eldon Street |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Eldon Street |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eldon Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brunton Terrace |
Mar 2024 | Public order | Under investigation | On or near Sorley Street |