£19,284
This estimated value is based upon the latest sale price for the house of £18,000 on 21 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £18,000 | 21 Dec 2021 |
| £78,000 | 23 Mar 2015 |
| Leasehold |
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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £18,000 results in an estimated price of approximately £19,284.
| 21 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £18,000 | £1,284 | £19,284 |
The Postcode Pricing Model uses changes in average sales price within the SR1 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 | -33.042 % | £-5,947 | £12,052 |
| 3 Month Average | -33.439 % | £-6,018 | £11,981 |
| 6 Month Average | -36.940 % | £-6,649 | £11,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £15,500 | £15,500 | 18A JOHN STREET |
| 15 Dec 2023 | £145,038 | £142,500 | 21 FREDERICK STREET |
| 19 Jan 2023 | £140,339 | £141,000 | 25 JOHN STREET |
| 20 Oct 2022 | £128,615 | £130,000 | 17 FREDERICK STREET |
| 25 May 2022 | £76,440 | £75,000 | FLAT 37 THE MOWBRAY BOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Under investigation | On or near Nightclub |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Nightclub |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Nightclub |