£88,567
This estimated value is based upon the latest sale price for the house of £75,500 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,500 | 2 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 59 sq meters or 635 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £75,500 results in an estimated price of approximately £88,567.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £75,500 | £13,067 | £88,567 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -45.860 % | £-34,623 | £40,876 |
| 3 Month Average | 3.709 % | £2,799 | £78,299 |
| 6 Month Average | -8.218 % | £-6,204 | £69,295 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £65,826 | £65,250 | 55 COCKERMOUTH ROAD |
| 3 Aug 2023 | £110,971 | £110,000 | 14 CAMPBELL ROAD |
| 2 Aug 2023 | £100,832 | £99,950 | 26 CASTLEFORD ROAD |
| 26 Jun 2023 | £111,349 | £110,000 | 14 CARDIGAN ROAD |
| 10 Feb 2023 | £89,939 | £90,000 | 6 CAITHNESS SQUARE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 28 May 2013. Using an estimated price of £88,568 means this house is valued at £1,501 per sq meter (£139 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Crieff Square |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Campbell Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Campbell Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Campbell Road |
| Mar 2024 | Public order | Awaiting court outcome | On or near Castleford Road |