£57,990
This estimated value is based upon the latest sale price for the house of £46,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£46,000 | 3 Nov 2017 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £46,000 results in an estimated price of approximately £57,990.
3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £46,000 | £11,990 | £57,990 |
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 | 55.817 % | £25,676 | £71,676 |
3 Month Average | 10.563 % | £4,859 | £50,859 |
6 Month Average | 6.659 % | £3,062 | £49,062 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £91,352 | £90,000 | 7 ERITH TERRACE |
29 Sep 2023 | £87,367 | £86,250 | 21 ERITH TERRACE |
15 Sep 2023 | £135,229 | £133,500 | 11 BROOKLAND ROAD |
25 Aug 2023 | £102,900 | £102,000 | 20 ERITH TERRACE |
27 Jul 2023 | £202,729 | £200,000 | 15 SWALEDALE GARDENS |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Oct 2015. Using an estimated price of £57,991 means this house is valued at £743 per sq meter (£69 per sq foot).
The average size of a house on BROOKLAND ROAD is 84 sq meters (914 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Erith Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erith Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bexley Street |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Bexley Street |