£93,209
This estimated value is based upon the latest sale price for the house of £87,000 on 13 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£87,000 | 13 Dec 2021 |
£70,000 | 23 May 2005 |
Semi-Detached |
Freehold |
Floor Area: 51 sq meters or 548 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £87,000 results in an estimated price of approximately £93,209.
13 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £87,000 | £6,209 | £93,209 |
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 | 7.274 % | £6,328 | £93,328 |
3 Month Average | -3.403 % | £-2,961 | £84,038 |
6 Month Average | -1.220 % | £-1,061 | £85,938 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £72,000 | £72,000 | 17 PORTSMOUTH SQUARE |
11 Mar 2024 | £65,500 | £65,500 | 18 PORTSMOUTH SQUARE |
4 Sep 2023 | £91,166 | £90,000 | 44 PORTSMOUTH ROAD |
2 Jun 2023 | £83,512 | £82,500 | 50 PORTSMOUTH SQUARE |
3 Feb 2023 | £74,950 | £75,000 | 42 PORTSMOUTH SQUARE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 25 Mar 2015. Using an estimated price of £93,210 means this house is valued at £1,827 per sq meter (£169 per sq foot).
The average size of a house on PORTSMOUTH SQUARE is 71 sq meters (768 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Portsmouth Square |
Feb 2024 | Other crime | Under investigation | On or near Portsmouth Square |
Feb 2024 | Other crime | Under investigation | On or near Portsmouth Square |
Feb 2024 | Anti-social behaviour | On or near Portsmouth Square | |
Feb 2024 | Anti-social behaviour | On or near Portsmouth Square |