£87,182
This estimated value is based upon the latest sale price for the house of £61,000 on 12 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £61,000 | 12 Aug 2015 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £61,000 results in an estimated price of approximately £87,182.
| 12 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £61,000 | £26,182 | £87,182 |
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 | 57.699 % | £35,196 | £96,196 |
| 3 Month Average | 4.414 % | £2,692 | £63,692 |
| 6 Month Average | 9.888 % | £6,031 | £67,031 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £73,589 | £72,500 | 46 PRESTBURY ROAD |
| 9 Feb 2023 | £86,742 | £86,800 | 71 GARDINER ROAD |
| 18 Jan 2023 | £111,973 | £112,500 | 67 GARDINER ROAD |
| 8 Jul 2022 | £135,364 | £135,000 | 2 GOUROCK SQUARE |
| 20 May 2022 | £91,677 | £89,950 | 55 PRESTBURY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Mar 2015. Using an estimated price of £87,183 means this house is valued at £1,282 per sq meter (£119 per sq foot).
The average size of a house on PALMERSTON ROAD is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pickhurst Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Pickhurst Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Pickhurst Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pickhurst Road |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pickhurst Road |