£137,629
This estimated value is based upon the latest sale price for the house of £81,000 on 10 Mar 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£81,000 | 10 Mar 2010 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £81,000 results in an estimated price of approximately £137,629.
10 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.912 % | £81,000 | £56,629 | £137,629 |
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 | 34.528 % | £27,968 | £108,968 |
3 Month Average | 17.729 % | £14,360 | £95,360 |
6 Month Average | 10.965 % | £8,881 | £89,881 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £66,158 | £65,000 | 10 TANFIELD STREET |
4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
28 Jul 2023 | £78,050 | £77,000 | 6 TANFIELD STREET |
9 Jun 2023 | £131,594 | £130,000 | 42 FERNDENE CRESCENT |
11 Jan 2023 | £76,639 | £77,000 | 14 TANFIELD STREET |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 14 Jan 2017. Using an estimated price of £137,629 means this house is valued at £1,137 per sq meter (£105 per sq foot).
The average size of a house on FORDFIELD ROAD is 77 sq meters (836 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Midmoor Road |
Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midmoor Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sheridan Street |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Sheridan Street |