£260,554
This estimated value is based upon the latest sale price for the house of £140,000 on 6 Apr 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £140,000 | 6 Apr 2005 |
| £100,000 | 5 Mar 2004 |
| Detached |
| Freehold |
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 April 2005 the House Price Index for TYNE AND WEAR was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £140,000 results in an estimated price of approximately £260,554.
| 6 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £140,000 | £120,554 | £260,554 |
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 | 22.458 % | £31,440 | £171,440 |
| 3 Month Average | 2.371 % | £3,319 | £143,319 |
| 6 Month Average | 3.698 % | £5,177 | £145,177 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £90,214 | £89,000 | 25 ROSEVILLE STREET |
| 29 Jun 2023 | £124,508 | £123,000 | 20 FERNVILLE STREET |
| 28 Apr 2023 | £81,882 | £81,000 | 13 FERNVILLE STREET |
| 1 Mar 2023 | £71,675 | £71,000 | 11 VALE STREET |
| 4 May 2022 | £39,749 | £39,000 | 13 EDEN HOUSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Beachcross Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Beachcross Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beachcross Road |
| Mar 2024 | Anti-social behaviour | On or near Eden House Road | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Eden House Road |