£92,051
This estimated value is based upon the latest sale price for the house of £74,000 on 22 Jun 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 |
|---|---|
| £74,000 | 22 Jun 2018 |
| £85,000 | 28 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 893 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £74,000 results in an estimated price of approximately £92,051.
| 22 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £74,000 | £18,051 | £92,051 |
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 | 38.037 % | £28,147 | £102,147 |
| 3 Month Average | 5.195 % | £3,843 | £77,843 |
| 6 Month Average | 16.824 % | £12,449 | £86,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £71,001 | £69,950 | 34 FRANKLIN STREET |
| 10 Jul 2023 | £101,314 | £99,950 | 20 JOHN CANDLISH ROAD |
| 6 Mar 2023 | £113,570 | £112,500 | 163 HYLTON ROAD |
| 24 Nov 2022 | £6,175 | £6,250 | STUDYROOM 3 180 HYLTON ROAD |
| 10 Nov 2022 | £93,863 | £95,000 | 24 JOHN CANDLISH ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Jun 2015. Using an estimated price of £92,052 means this house is valued at £1,109 per sq meter (£103 per sq foot).
The average size of a house on JOHN CANDLISH ROAD is 88 sq meters (954 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near John Candlish Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near John Candlish Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near John Candlish Road |
| Mar 2024 | Burglary | Under investigation | On or near Pickard Street |
| Feb 2024 | Drugs | Under investigation | On or near Pickard Street |