£295,421
This estimated value is based upon the latest sale price for the house of £118,000 on 12 Dec 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £118,000 | 12 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 December 2002 the House Price Index for TYNE AND WEAR was 58.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 150.357%.Applying this 150.357% change to the original purchase price of £118,000 results in an estimated price of approximately £295,421.
| 12 Dec 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 146.7 | 150.357 % | £118,000 | £177,421 | £295,421 |
The Postcode Pricing Model uses changes in average sales price within the NE30 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 | 143.505 % | £169,335 | £287,335 |
| 3 Month Average | 110.550 % | £130,449 | £248,449 |
| 6 Month Average | 127.043 % | £149,911 | £267,911 |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 28 Apr 2014.
The average size of a house on FARRINGDON ROAD is 107 sq meters (1,153 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Torver Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lorton Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Thirlmere Avenue |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Thirlmere Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Thirlmere Avenue |