£286,687
This estimated value is based upon the latest sale price for the house of £154,000 on 18 Mar 2005. 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 |
|---|---|
| £154,000 | 18 Mar 2005 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 March 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £154,000 results in an estimated price of approximately £286,687.
| 18 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.160 % | £154,000 | £132,687 | £286,687 |
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 | 24.952 % | £38,426 | £192,426 |
| 3 Month Average | 45.892 % | £70,673 | £224,673 |
| 6 Month Average | 31.970 % | £49,234 | £203,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £253,015 | £249,950 | 24 CROSSLEA AVENUE |
| 9 Jun 2023 | £172,084 | £170,000 | 38 HEALEY DRIVE |
| 28 Apr 2023 | £121,306 | £120,000 | 31 SATLEY GARDENS |
| 30 Nov 2022 | £160,061 | £162,000 | 19 SATLEY GARDENS |
| 1 Nov 2022 | £130,420 | £132,000 | 8 LANGLEY ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 6 Sep 2012. Using an estimated price of £286,687 means this house is valued at £2,537 per sq meter (£235 per sq foot).
The average size of a house on LANGLEY ROAD is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Witton Court |
| Dec 2023 | Anti-social behaviour | On or near Dipton Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Dipton Gardens |