£115,617
This estimated value is based upon the latest sale price for the house of £74,365 on 25 Oct 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£74,365 | 25 Oct 2007 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 750 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 2007 the House Price Index for TYNE AND WEAR was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £74,365 results in an estimated price of approximately £115,617.
25 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 148.6 | 55.473 % | £74,365 | £41,252 | £115,617 |
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 | 22.518 % | £16,745 | £91,110 |
3 Month Average | -3.982 % | £-2,961 | £71,403 |
6 Month Average | -2.864 % | £-2,129 | £72,235 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £96,296 | £95,000 | 4 HOLBORN ROAD |
21 Feb 2023 | £81,945 | £82,000 | 56 FRIAR ROAD |
15 Feb 2023 | £104,929 | £105,000 | 4 HAYDON SQUARE |
7 Sep 2022 | £87,295 | £88,000 | 46 FRONT ROAD |
1 Sep 2022 | £94,239 | £95,000 | 433 HYLTON ROAD |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 28 Sep 2011. Using an estimated price of £115,618 means this house is valued at £1,658 per sq meter (£154 per sq foot).
The average size of a house on FRIAR SQUARE is 99 sq meters (1,071 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (750 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |
Feb 2024 | Other theft | Under investigation | On or near Friar Square |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |
Feb 2024 | Other theft | Under investigation | On or near Friar Square |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar Square |