£203,998
This estimated value is based upon the latest sale price for the house of £127,000 on 27 Apr 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Bailey Square
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| Price Paid | Date |
|---|---|
| £127,000 | 27 Apr 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2007 the House Price Index for TYNE AND WEAR was 92.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.629%.Applying this 60.629% change to the original purchase price of £127,000 results in an estimated price of approximately £203,998.
| 27 Apr 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 148.6 | 60.629 % | £127,000 | £76,998 | £203,998 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -49.746 % | £-63,177 | £63,822 |
| 3 Month Average | 1.914 % | £2,431 | £129,431 |
| 6 Month Average | 6.359 % | £8,075 | £135,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £131,723 | £129,950 | 88 BRADFORD AVENUE |
| 7 Feb 2023 | £27,981 | £28,000 | 38 KING HENRY COURT |
| 26 Jan 2023 | £29,859 | £30,000 | 17 KING JAMES COURT |
| 18 Jul 2022 | £35,094 | £35,000 | 11 KING CHARLES COURT |
| 25 Mar 2022 | £49,222 | £47,500 | 19 KING HENRY COURT |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 May 2014. Using an estimated price of £203,999 means this house is valued at £2,549 per sq meter (£236 per sq foot).
The average size of a house on HYLTON LANE is 77 sq meters (832 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Bailey Square |
| Mar 2024 | Burglary | Under investigation | On or near Bailey Square |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bailey Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bailey Square |
| Jan 2024 | Anti-social behaviour | On or near Bailey Square |