£187,523
This estimated value is based upon the latest sale price for the house of £185,000 on 27 Jul 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 27 Jul 2023 |
| £125,000 | 25 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 995 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 July 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £185,000 results in an estimated price of approximately £187,523.
| 27 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £185,000 | £2,523 | £187,523 |
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 | 33.615 % | £62,187 | £247,187 |
| 3 Month Average | -7.068 % | £-13,076 | £171,923 |
| 6 Month Average | -0.880 % | £-1,627 | £183,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £88,815 | £87,500 | 72 ANCONA STREET |
| 21 Aug 2023 | £70,618 | £70,000 | 63 ANCONA STREET |
| 27 Jul 2023 | £187,524 | £185,000 | 19 PALLION PARK |
| 7 Jul 2023 | £99,337 | £98,000 | 8 PALLION PARK |
| 23 Aug 2022 | £42,984 | £43,100 | 16 NEVILLE ROAD |
This house has a floor area of 92 sq meters or 995 sq feet when measured on 14 Oct 2008. Using an estimated price of £187,524 means this house is valued at £2,028 per sq meter (£188 per sq foot).
The average size of a house on PALLION PARK is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pallion Park |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Pallion Park |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Pallion Park |
| Mar 2024 | Drugs | Under investigation | On or near Moorland Square |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Moorland Square |