£136,257
This estimated value is based upon the latest sale price for the house of £80,000 on 26 Feb 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 26 Feb 2010 |
| £33,500 | 14 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 781 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 February 2010 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £80,000 results in an estimated price of approximately £136,257.
| 26 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £80,000 | £56,257 | £136,257 |
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 | -43.715 % | £-34,971 | £45,028 |
| 3 Month Average | 14.889 % | £11,911 | £91,911 |
| 6 Month Average | 22.176 % | £17,740 | £97,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £137,404 | £135,000 | 12 EDINBURGH SQUARE |
| 3 Nov 2023 | £95,920 | £94,500 | 22 EVERSLEY CRESCENT |
| 1 Sep 2023 | £138,774 | £137,000 | 26 SHAKESPEARE STREET |
| 31 Jul 2023 | £91,228 | £90,000 | 24 EDINBURGH SQUARE |
| 24 Feb 2023 | £39,923 | £39,950 | 9 EDGEWARE COURT |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 17 Mar 2009. Using an estimated price of £136,258 means this house is valued at £1,877 per sq meter (£174 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Norton Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Norton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Norton Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Norton Road |
| Feb 2024 | Vehicle crime | Awaiting court outcome | On or near Norton Road |