£88,945
This estimated value is based upon the latest sale price for the house of £72,000 on 4 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,000 | 4 Jan 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £72,000 results in an estimated price of approximately £88,945.
| 4 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £72,000 | £16,945 | £88,945 |
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 | 15.465 % | £11,134 | £83,134 |
| 3 Month Average | 7.721 % | £5,559 | £77,559 |
| 6 Month Average | 11.725 % | £8,441 | £80,441 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £111,146 | £109,500 | 13 HEXHAM ROAD |
| 8 Sep 2023 | £151,943 | £150,000 | 70 HADLEIGH ROAD |
| 10 Aug 2023 | £141,236 | £140,000 | 32 BROADMAYNE AVENUE |
| 20 Jul 2023 | £146,978 | £145,000 | 26 BROADMAYNE AVENUE |
| 16 Jun 2023 | £217,636 | £215,000 | 23 BROADMAYNE AVENUE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Jun 2018. Using an estimated price of £88,946 means this house is valued at £1,289 per sq meter (£119 per sq foot).
The average size of a house on HIGHGATE ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Helmsdale Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helmsdale Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Helmsdale Road |
| Feb 2024 | Anti-social behaviour | On or near Helmsdale Road | |
| Feb 2024 | Anti-social behaviour | On or near Helmsdale Road |