£595,125
This estimated value is based upon the latest sale price for the house of £430,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £430,000 | 18 Dec 2015 |
| £499,999 | 2 Feb 2006 |
| £295,000 | 12 Dec 2002 |
| £230,000 | 7 Sep 2001 |
| £185,000 | 31 Oct 1996 |
| Detached |
| Freehold |
| Floor Area: 253 sq meters or 2,732 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 December 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £430,000 results in an estimated price of approximately £595,125.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £430,000 | £165,125 | £595,125 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 42.922 % | £184,565 | £614,565 |
| 3 Month Average | 13.029 % | £56,023 | £486,023 |
| 6 Month Average | 6.875 % | £29,562 | £459,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £44,570 | £44,000 | 10 AGED MINERS HOMES |
| 31 Aug 2023 | £31,274 | £31,000 | 2 MARKET PLACE |
| 17 Mar 2023 | £90,806 | £89,950 | 26 JOHN STREET |
| 10 Feb 2023 | £124,916 | £125,000 | 8 MARKET PLACE |
| 11 Jan 2023 | £59,719 | £60,000 | 9 AGED MINERS HOMES |
This house has a floor area of 253 sq meters or 2,732 sq feet when measured on 2 Dec 2008. Using an estimated price of £595,126 means this house is valued at £2,343 per sq meter (£217 per sq foot).
The average size of a house on MARKET PLACE is 112 sq meters (1,215 sq feet).
This house is the largest in the street with a floor area of 253 sq meters (2,732 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Market Place |
| Feb 2024 | Anti-social behaviour | On or near Ryhope Street | |
| Feb 2024 | Anti-social behaviour | On or near Ryhope Street | |
| Jan 2024 | Anti-social behaviour | On or near Ryhope Street |