£110,008
This estimated value is based upon the latest sale price for the house of £64,000 on 24 Jan 2012. 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 |
|---|---|
| £64,000 | 24 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2012 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 71.888%.Applying this 71.888% change to the original purchase price of £64,000 results in an estimated price of approximately £110,008.
| 24 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £64,000 | £46,008 | £110,008 |
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 | 44.542 % | £28,506 | £92,506 |
| 3 Month Average | 12.063 % | £7,720 | £71,720 |
| 6 Month Average | 14.281 % | £9,139 | £73,139 |
| 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 113 sq meters or 1,216 sq feet when measured on 22 Jun 2020. Using an estimated price of £110,008 means this house is valued at £973 per sq meter (£90 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 |