£233,997
This estimated value is based upon the latest sale price for the house of £146,500 on 17 Jan 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £146,500 | 17 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 January 2014 the House Price Index for TYNE AND WEAR was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £146,500 results in an estimated price of approximately £233,997.
| 17 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £146,500 | £87,497 | £233,997 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 19.508 % | £28,578 | £175,078 |
| 3 Month Average | 24.155 % | £35,387 | £181,887 |
| 6 Month Average | 18.529 % | £27,144 | £173,644 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £128,121 | £127,000 | 15 STAMFORD AVENUE |
| 28 Jul 2023 | £233,138 | £230,000 | 122 DURHAM ROAD |
| 16 Jun 2023 | £177,146 | £175,000 | 130 DURHAM ROAD |
| 16 Jun 2023 | £80,981 | £80,000 | 28 TUDOR GROVE |
| 9 Jun 2023 | £75,920 | £75,000 | 6 PORTLAND ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 1 Oct 2013. Using an estimated price of £233,998 means this house is valued at £1,828 per sq meter (£169 per sq foot).
The average size of a house on DURHAM ROAD is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Saxon Crescent |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Saxon Crescent |