£148,242
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 4 Jan 2019 |
Semi-Detached |
Freehold |
Floor Area: 58 sq meters or 624 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 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £120,000 results in an estimated price of approximately £148,242.
4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £120,000 | £28,242 | £148,242 |
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 | 15.465 % | £18,558 | £138,558 |
3 Month Average | 7.721 % | £9,265 | £129,265 |
6 Month Average | 11.725 % | £14,069 | £134,069 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £158,020 | £156,000 | 36 KIRKWOOD AVENUE |
2 Jun 2023 | £237,881 | £235,000 | 143 SEVENOAKS DRIVE |
20 Feb 2023 | £179,829 | £179,950 | 15 KIRKWOOD AVENUE |
17 Jan 2023 | £184,133 | £185,000 | 20 BRAMLEY CLOSE |
17 Jun 2022 | £147,079 | £145,000 | 154 SEVENOAKS DRIVE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 17 Aug 2018. Using an estimated price of £148,243 means this house is valued at £2,555 per sq meter (£237 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sevenoaks Drive |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sevenoaks Drive |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive |