£57,337
This estimated value is based upon the latest sale price for the house of £16,245 on 26 Feb 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Gairloch Road
More crime details
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| Price Paid | Date |
|---|---|
| £16,245 | 26 Feb 2001 |
| Semi-Detached |
| Freehold |
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 2001 the House Price Index for TYNE AND WEAR was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £16,245 results in an estimated price of approximately £57,337.
| 26 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.1 | 148.6 | 252.958 % | £16,245 | £41,092 | £57,337 |
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 | 214.859 % | £34,903 | £51,148 |
| 3 Month Average | 171.309 % | £27,829 | £44,074 |
| 6 Month Average | 184.252 % | £29,931 | £46,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £93,383 | £92,000 | 73 GILLINGHAM ROAD |
| 18 Sep 2023 | £96,230 | £95,000 | 22 GAINSBOROUGH SQUARE |
| 20 Jul 2022 | £96,259 | £96,000 | 69 GILLINGHAM ROAD |
| 14 Jul 2022 | £93,251 | £93,000 | 30 GAIRLOCH ROAD |
| 30 Jun 2022 | £65,932 | £65,000 | 40 GAINSBOROUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Gairloch Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Gairloch Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Gairloch Road |
| Mar 2024 | Drugs | Under investigation | On or near Gillingham Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gillingham Road |