£194,088
This estimated value is based upon the latest sale price for the house of £157,500 on 9 Oct 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 |
|---|---|
| £157,500 | 9 Oct 2018 |
| £157,500 | 1 Oct 2018 |
| £111,005 | 19 Jul 2002 |
| £111,005 | 19 Jul 2002 |
| £66,000 | 17 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £157,500 results in an estimated price of approximately £194,088.
| 9 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £157,500 | £36,588 | £194,088 |
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 | 39.081 % | £61,552 | £219,052 |
| 3 Month Average | 11.689 % | £18,410 | £175,910 |
| 6 Month Average | 10.603 % | £16,700 | £174,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £217,785 | £215,000 | 10 BELMONT ROAD |
| 27 Jul 2023 | £202,729 | £200,000 | 15 SWALEDALE GARDENS |
| 8 Jul 2022 | £225,607 | £225,000 | 4 DILSTON GARDENS |
| 9 Jun 2022 | £172,437 | £170,000 | 2 SWALEDALE GARDENS |
| 18 Mar 2022 | £173,004 | £166,950 | 7 DILSTON GARDENS |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 13 Oct 2017. Using an estimated price of £194,089 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on BELMONT ROAD is 157 sq meters (1,689 sq feet).
This house is the smallest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Dilston Gardens |
| Feb 2024 | Anti-social behaviour | On or near Kayll Road | |
| Feb 2024 | Anti-social behaviour | On or near Kayll Road | |
| Feb 2024 | Anti-social behaviour | On or near Kayll Road | |
| Feb 2024 | Anti-social behaviour | On or near Kayll Road |