£104,746
This estimated value is based upon the latest sale price for the house of £85,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 24 Oct 2018 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £85,000 results in an estimated price of approximately £104,746.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £85,000 | £19,746 | £104,746 |
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 | 39.081 % | £33,219 | £118,219 |
| 3 Month Average | 11.689 % | £9,935 | £94,935 |
| 6 Month Average | 10.603 % | £9,012 | £94,012 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £147,179 | £145,000 | 28 CAMBRIA GREEN |
| 25 Aug 2023 | £110,920 | £109,950 | 14 CAMBRIA GREEN |
| 29 Jun 2023 | £227,759 | £225,000 | 6 MAYFIELD ROAD |
| 8 Mar 2023 | £10,045 | £9,950 | 45 MAYFIELD ROAD |
| 7 Mar 2023 | £156,474 | £155,000 | 67 SOUTHSIDE GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 30 May 2018. Using an estimated price of £104,746 means this house is valued at £1,662 per sq meter (£154 per sq foot).
The average size of a house on CAMBRIA GREEN is 74 sq meters (806 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Albion Street |
| Jan 2024 | Anti-social behaviour | On or near Fairmead Way | |
| Jan 2024 | Anti-social behaviour | On or near Fairmead Way | |
| Jan 2024 | Anti-social behaviour | On or near Fairmead Way |