£290,643
This estimated value is based upon the latest sale price for the house of £240,000 on 4 Jun 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 |
|---|---|
| £240,000 | 4 Jun 2020 |
| £135,450 | 29 May 2009 |
| £114,000 | 14 Mar 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 June 2020 the House Price Index for TYNE AND WEAR was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £240,000 results in an estimated price of approximately £290,643.
| 4 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £240,000 | £50,643 | £290,643 |
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 | 51.030 % | £122,472 | £362,472 |
| 3 Month Average | -2.840 % | £-6,815 | £233,184 |
| 6 Month Average | 11.078 % | £26,587 | £266,587 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £117,502 | £116,000 | 19 ABINGDON STREET |
| 14 Jul 2023 | £139,376 | £137,500 | EWESLEY ROAD METHODIST CHURCH EWESLEY ROAD |
| 16 Feb 2023 | £119,919 | £120,000 | 33 EWESLEY ROAD |
| 23 Jan 2023 | £189,109 | £190,000 | 1 EWESLEY ROAD |
| 17 Jan 2023 | £154,273 | £155,000 | 183 CLEVELAND ROAD |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 24 Oct 2019. Using an estimated price of £290,644 means this house is valued at £1,482 per sq meter (£137 per sq foot).
The average size of a house on EWESLEY ROAD is 145 sq meters (1,565 sq feet).
This house is the largest in the street with a floor area of 196 sq meters (2,109 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Abingdon Street |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Abingdon Street |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Cleveland Road |
| Mar 2024 | Anti-social behaviour | On or near Cleveland Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cleveland Road |