£350,268
This estimated value is based upon the latest sale price for the house of £117,500 on 15 Mar 2002. 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 |
|---|---|
| £117,500 | 15 Mar 2002 |
| £70,000 | 29 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 282 sq meters or 3,035 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 2002 the House Price Index for TYNE AND WEAR was 49.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 198.101%.Applying this 198.101% change to the original purchase price of £117,500 results in an estimated price of approximately £350,268.
| 15 Mar 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 146.7 | 198.101 % | £117,500 | £232,768 | £350,268 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | 80.879 % | £95,032 | £212,532 |
| 3 Month Average | 120.774 % | £141,909 | £259,409 |
| 6 Month Average | 107.224 % | £125,987 | £243,487 |
This house has a floor area of 282 sq meters or 3,035 sq feet when measured on 29 Sep 2013.
The average size of a house on PARK PLACE WEST is 152 sq meters (1,644 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Toward Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Toward Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Toward Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Toward Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Toward Road |