£160,429
This estimated value is based upon the latest sale price for the house of £105,000 on 29 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£105,000 | 29 Jul 2014 |
£46,500 | 15 Nov 1996 |
Terraced |
Freehold |
Floor Area: 192 sq meters or 2,066 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 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £105,000 results in an estimated price of approximately £160,429.
29 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £105,000 | £55,429 | £160,429 |
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 | 59.757 % | £62,744 | £167,744 |
3 Month Average | 6.978 % | £7,327 | £112,327 |
6 Month Average | 13.867 % | £14,560 | £119,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £64,708 | £63,750 | 55 KITCHENER STREET |
7 Nov 2023 | £106,578 | £105,000 | 236 CLEVELAND ROAD |
30 Jun 2023 | £163,986 | £162,000 | 33 FARNHAM TERRACE |
15 Aug 2022 | £119,678 | £120,000 | 72 NORA STREET |
27 May 2022 | £91,728 | £90,000 | 83 NORA STREET |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 20 Feb 2016. Using an estimated price of £160,430 means this house is valued at £835 per sq meter (£77 per sq foot).
The average size of a house on CLEVELAND ROAD is 125 sq meters (1,355 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Farnham Terrace |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Nora Street |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kitchener Street |
Feb 2024 | Anti-social behaviour | On or near Kitchener Street | |
Feb 2024 | Anti-social behaviour | On or near Kitchener Street |