£103,909
This estimated value is based upon the latest sale price for the house of £84,950 on 7 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £84,950 | 7 May 2020 |
| £55,000 | 12 Mar 2004 |
| £55,000 | 12 Mar 2004 |
| £22,110 | 12 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 May 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £84,950 results in an estimated price of approximately £103,909.
| 7 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £84,950 | £18,959 | £103,909 |
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 | 24.221 % | £20,576 | £105,526 |
| 3 Month Average | 1.433 % | £1,217 | £86,167 |
| 6 Month Average | 12.182 % | £10,348 | £95,298 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £97,243 | £96,000 | 5 PRESCOT ROAD |
| 25 Aug 2023 | £86,759 | £86,000 | 402 ST LUKES ROAD |
| 31 Jul 2023 | £126,705 | £125,000 | 11 PHOENIX ROAD |
| 24 Mar 2023 | £80,761 | £80,000 | 384 ST LUKES ROAD |
| 27 Jan 2023 | £133,372 | £134,000 | 17 FAWN ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Dec 2019. Using an estimated price of £103,909 means this house is valued at £1,208 per sq meter (£112 per sq foot).
There is one other house on the street which we know the size of, this is 19 PRESTWICK ROAD it is 96.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prestwick Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Prestwick Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prestwick Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prestwick Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Prestwick Road |