£68,093
This estimated value is based upon the latest sale price for the house of £55,200 on 21 Dec 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 |
|---|---|
| £55,200 | 21 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £55,200 results in an estimated price of approximately £68,093.
| 21 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £55,200 | £12,893 | £68,093 |
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 | 74.644 % | £41,203 | £96,403 |
| 3 Month Average | 10.994 % | £6,068 | £61,268 |
| 6 Month Average | 18.180 % | £10,035 | £65,235 |
| 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 |
| 8 Jul 2022 | £1,007,713 | £1,005,000 | SITE BT77 PENNYWELL INDUSTRIAL ESTATE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 27 Sep 2018. Using an estimated price of £68,094 means this house is valued at £830 per sq meter (£77 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 | Under investigation | On or near Pickhurst Road |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | 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 |