£194,672
This estimated value is based upon the latest sale price for the house of £180,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 5 Nov 2021 |
| £64,000 | 12 Dec 2000 |
| £64,000 | 12 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £180,000 results in an estimated price of approximately £194,672.
| 5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £180,000 | £14,672 | £194,672 |
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 | 5.530 % | £9,953 | £189,953 |
| 3 Month Average | -3.201 % | £-5,761 | £174,238 |
| 6 Month Average | -3.008 % | £-5,414 | £174,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £91,352 | £90,000 | 7 ERITH TERRACE |
| 29 Sep 2023 | £87,367 | £86,250 | 21 ERITH TERRACE |
| 15 Sep 2023 | £217,785 | £215,000 | 10 BELMONT ROAD |
| 25 Aug 2023 | £102,900 | £102,000 | 20 ERITH TERRACE |
| 27 Jul 2023 | £202,729 | £200,000 | 15 SWALEDALE GARDENS |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Jul 2021. Using an estimated price of £194,672 means this house is valued at £2,070 per sq meter (£192 per sq foot).
The average size of a house on HENDERSON ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Erith Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erith Terrace |
| Feb 2024 | Other theft | Under investigation | On or near Swaledale Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Road |
| Mar 2024 | Other crime | Under investigation | On or near Dilston Gardens |