£151,113
This estimated value is based upon the latest sale price for the house of £122,500 on 5 Dec 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 |
|---|---|
| £122,500 | 5 Dec 2018 |
| £122,500 | 14 Oct 2011 |
| £20,625 | 31 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £122,500 results in an estimated price of approximately £151,113.
| 5 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £122,500 | £28,613 | £151,113 |
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 | 74.644 % | £91,438 | £213,938 |
| 3 Month Average | 10.994 % | £13,467 | £135,967 |
| 6 Month Average | 18.180 % | £22,270 | £144,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £117,502 | £116,000 | 19 ABINGDON STREET |
| 14 Jul 2023 | £139,376 | £137,500 | EWESLEY ROAD METHODIST CHURCH EWESLEY ROAD |
| 16 Feb 2023 | £119,919 | £120,000 | 33 EWESLEY ROAD |
| 23 Jan 2023 | £189,109 | £190,000 | 1 EWESLEY ROAD |
| 17 Jan 2023 | £154,273 | £155,000 | 183 CLEVELAND ROAD |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 20 Feb 2016. Using an estimated price of £151,113 means this house is valued at £873 per sq meter (£81 per sq foot).
The average size of a house on CLEVELAND ROAD is 125 sq meters (1,355 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road | |
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road | |
| Mar 2024 | Anti-social behaviour | On or near Cleveland Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Road |
| Mar 2024 | Other theft | Under investigation | On or near Cleveland Road |