£123,788
This estimated value is based upon the latest sale price for the house of £86,000 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,000 | 31 Jul 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £86,000 results in an estimated price of approximately £123,788.
| 31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 148.6 | 43.941 % | £86,000 | £37,788 | £123,788 |
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 | 28.008 % | £24,086 | £110,086 |
| 3 Month Average | 2.230 % | £1,917 | £87,917 |
| 6 Month Average | 8.464 % | £7,278 | £93,278 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £80,187 | £79,000 | 6 PALMERSTON ROAD |
| 17 Nov 2023 | £223,306 | £220,000 | 5 GLAMIS AVENUE |
| 7 Jul 2023 | £147,992 | £146,000 | 8 GLAMIS AVENUE |
| 23 Mar 2023 | £95,904 | £95,000 | 8 THE GREENWAY |
| 18 Jul 2022 | £105,735 | £105,450 | 7 GRINDON GARDENS |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 17 Apr 2015. Using an estimated price of £123,789 means this house is valued at £1,156 per sq meter (£107 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 | Violence and sexual offences | Under investigation | On or near Pelton Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pelton Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Penman Square |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Putney Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Putney Square |