£89,229
This estimated value is based upon the latest sale price for the house of £89,950 on 23 Sep 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,950 | 23 Sep 2022 |
| 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.801%.Applying this -0.801% change to the original purchase price of £89,950 results in an estimated price of approximately £89,229.
| 23 Sep 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.6 | -0.801 % | £89,950 | £-720 | £89,229 |
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 | 21.628 % | £19,454 | £109,404 |
| 3 Month Average | -5.212 % | £-4,687 | £85,262 |
| 6 Month Average | -0.874 % | £-786 | £89,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £171,500 | £170,000 | 62 NORTH FARM AVENUE |
| 26 Apr 2023 | £121,256 | £119,950 | 34 GOLDSMITH ROAD |
| 20 Jan 2023 | £129,390 | £130,000 | 1 GAMBIA SQUARE |
| 25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
| 23 Sep 2022 | £89,229 | £89,950 | 14 GUERNSEY SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Guernsey Square | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guernsey Square |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guernsey Square |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Guernsey Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Guernsey Square |