£140,087
This estimated value is based upon the latest sale price for the house of £130,000 on 13 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £130,000 | 13 Sep 2021 |
| £107,950 | 2 Mar 2004 |
| £49,000 | 4 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £130,000 results in an estimated price of approximately £140,087.
| 13 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £130,000 | £10,087 | £140,087 |
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 | -14.706 % | £-19,117 | £110,882 |
| 3 Month Average | -4.473 % | £-5,814 | £124,185 |
| 6 Month Average | -8.223 % | £-10,689 | £119,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £150,224 | £148,000 | 129 CLEVELAND ROAD |
| 30 Jun 2023 | £149,815 | £148,000 | 104 HAWARDEN CRESCENT |
| 5 Apr 2023 | £113,724 | £112,500 | 89 HAWARDEN CRESCENT |
| 27 Oct 2022 | £128,615 | £130,000 | 100 HAWARDEN CRESCENT |
| 1 Jul 2022 | £106,338 | £106,052 | 85 QUEENS CRESCENT |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 3 Feb 2016. Using an estimated price of £140,087 means this house is valued at £1,148 per sq meter (£106 per sq foot).
The average size of a house on CLEVELAND ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chatsworth Street |
| Feb 2024 | Public order | Under investigation | On or near Chatsworth Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chatsworth Street |
| Feb 2024 | Public order | Under investigation | On or near Chatsworth Street |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Ormonde Street |