£97,842
This estimated value is based upon the latest sale price for the house of £79,200 on 8 Mar 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £79,200 | 8 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 March 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £79,200 results in an estimated price of approximately £97,842.
| 8 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £79,200 | £18,642 | £97,842 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 23.659 % | £18,737 | £97,937 |
| 3 Month Average | 18.613 % | £14,741 | £93,941 |
| 6 Month Average | 10.600 % | £8,395 | £87,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £127,735 | £125,500 | 29 OXFORD CLOSE |
| 14 Apr 2023 | £148,600 | £147,000 | 4 SUNNYBROW |
| 5 Aug 2022 | £122,620 | £122,950 | 25 NORFOLK AVENUE |
| 8 Jul 2022 | £148,349 | £147,950 | 28 SUNNYBROW |
| 25 Feb 2022 | £141,521 | £134,950 | 11 SUNNYBROW |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Dec 2018. Using an estimated price of £97,843 means this house is valued at £1,778 per sq meter (£165 per sq foot).
The average size of a house on OXFORD CLOSE is 92 sq meters (992 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norfolk Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sunnybrow |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossways |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossways |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossways |