£154,752
This estimated value is based upon the latest sale price for the house of £81,500 on 29 Oct 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£81,500 | 29 Oct 2004 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 October 2004 the House Price Index for TYNE AND WEAR was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £81,500 results in an estimated price of approximately £154,752.
29 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 148.6 | 89.881 % | £81,500 | £73,252 | £154,752 |
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 | 28.934 % | £23,581 | £105,081 |
3 Month Average | 9.205 % | £7,501 | £89,001 |
6 Month Average | 11.144 % | £9,082 | £90,582 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2023 | £86,936 | £86,000 | 14 GEDDES ROAD |
9 Sep 2022 | £119,039 | £120,000 | 1 GALWAY SQUARE |
5 Aug 2022 | £87,764 | £88,000 | 140 GALASHIELS ROAD |
18 Jul 2022 | £105,735 | £105,450 | 7 GRINDON GARDENS |
16 May 2022 | £89,690 | £88,000 | 103 GALASHIELS ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 10 Apr 2013. Using an estimated price of £154,753 means this house is valued at £2,344 per sq meter (£217 per sq foot).
The average size of a house on GEDDES ROAD is 73 sq meters (788 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Geddes Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Geddes Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Geddes Road |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Galashiels Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Galashiels Road |