£89,708
This estimated value is based upon the latest sale price for the house of £89,950 on 8 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,950 | 8 Aug 2022 |
| £76,000 | 6 Oct 2017 |
| £67,000 | 29 Oct 2004 |
| Terraced |
| Freehold |
| Floor Area: 42 sq meters or 452 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 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £89,950 results in an estimated price of approximately £89,708.
| 8 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.6 | -0.268 % | £89,950 | £-241 | £89,708 |
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 | -1.489 % | £-1,339 | £88,610 |
| 3 Month Average | 8.770 % | £7,888 | £97,838 |
| 6 Month Average | 2.703 % | £2,431 | £92,381 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Feb 2023 | £109,926 | £110,000 | 77 CAVENDISH PLACE |
| 24 Oct 2022 | £148,501 | £150,100 | 36 WINDSOR DRIVE |
| 8 Aug 2022 | £89,709 | £89,950 | 21 CAVENDISH PLACE |
| 15 Jun 2022 | £131,863 | £130,000 | 39 RUTLAND AVENUE |
| 6 May 2022 | £152,881 | £150,000 | 34 WINDSOR DRIVE |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 9 Aug 2017. Using an estimated price of £89,709 means this house is valued at £2,135 per sq meter (£198 per sq foot).
The average size of a house on CAVENDISH PLACE is 96 sq meters (1,035 sq feet).
This house is the smallest in the street with a floor area of 42 sq meters (452 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cavendish Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossways |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | 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 |