£145,054
This estimated value is based upon the latest sale price for the house of £93,500 on 21 Nov 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£93,500 | 21 Nov 2007 |
£71,000 | 27 Jan 2006 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 November 2007 the House Price Index for TYNE AND WEAR was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £93,500 results in an estimated price of approximately £145,054.
21 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 148.6 | 55.138 % | £93,500 | £51,554 | £145,054 |
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 | 8.866 % | £8,289 | £101,789 |
3 Month Average | -5.139 % | £-4,805 | £88,694 |
6 Month Average | -3.515 % | £-3,286 | £90,213 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Dec 2021 | £385,696 | £360,000 | 489 HYLTON ROAD |
23 Nov 2021 | £111,396 | £103,000 | 509 HYLTON ROAD |
27 Sep 2021 | £80,819 | £75,000 | 41 PENWOOD ROAD |
13 Aug 2021 | £713,994 | £640,000 | FORD & HYLTON SOCIAL CLUB POOLE ROAD |
5 Aug 2021 | £145,030 | £130,000 | 41 PALGROVE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 18 Feb 2016. Using an estimated price of £145,054 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on PORTCHESTER ROAD is 102 sq meters (1,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Penwood Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Penwood Road |
Jan 2024 | Possession of weapons | Under investigation | On or near Penwood Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palgrove Road |
Jan 2024 | Drugs | Under investigation | On or near Palgrove Road |