£88,082
This estimated value is based upon the latest sale price for the house of £85,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 31 Mar 2022 |
| £62,500 | 25 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £85,000 results in an estimated price of approximately £88,082.
| 31 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £85,000 | £3,082 | £88,082 |
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 | -6.398 % | £-5,438 | £79,561 |
| 3 Month Average | -7.998 % | £-6,798 | £78,201 |
| 6 Month Average | -6.601 % | £-5,610 | £79,389 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £97,243 | £96,000 | 5 PRESCOT ROAD |
| 24 Jun 2022 | £60,860 | £60,000 | 71 PADGATE ROAD |
| 9 May 2022 | £86,632 | £85,000 | 522 ST LUKES ROAD |
| 31 Mar 2022 | £88,082 | £85,000 | 1 PETERSHAM ROAD |
| 23 Nov 2021 | £111,396 | £103,000 | 509 HYLTON ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Jun 2021. Using an estimated price of £88,082 means this house is valued at £855 per sq meter (£79 per sq foot).
The average size of a house on PETERSHAM ROAD is 108 sq meters (1,171 sq feet).
This house is the largest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Petersham Road |