£86,936
This estimated value is based upon the latest sale price for the house of £86,000 on 3 Apr 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,000 | 3 Apr 2023 |
| £41,000 | 26 Apr 2002 |
| £31,000 | 25 Sep 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 April 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £86,000 results in an estimated price of approximately £86,936.
| 3 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £86,000 | £936 | £86,936 |
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 | -21.111 % | £-18,155 | £67,844 |
| 3 Month Average | -4.691 % | £-4,034 | £81,965 |
| 6 Month Average | 1.702 % | £1,463 | £87,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £86,936 | £86,000 | 14 GEDDES ROAD |
| 9 Sep 2022 | £119,039 | £120,000 | 1 GALWAY SQUARE |
| 5 Aug 2022 | £87,764 | £88,000 | 140 GALASHIELS ROAD |
| 18 Jul 2022 | £105,735 | £105,450 | 7 GRINDON GARDENS |
| 16 May 2022 | £89,690 | £88,000 | 103 GALASHIELS ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Oct 2014. Using an estimated price of £86,936 means this house is valued at £1,337 per sq meter (£124 per sq foot).
The average size of a house on GEDDES ROAD is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Geddes Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Geddes Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Geddes Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galashiels Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Galashiels Road |