£131,401
This estimated value is based upon the latest sale price for the house of £76,000 on 9 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£76,000 | 9 Jul 2006 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £76,000 results in an estimated price of approximately £131,401.
9 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.9 | 148.6 | 72.897 % | £76,000 | £55,401 | £131,401 |
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 | 7.710 % | £5,859 | £81,859 |
3 Month Average | -4.098 % | £-3,114 | £72,885 |
6 Month Average | 1.620 % | £1,231 | £77,231 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2023 | £81,945 | £82,000 | 56 FRIAR ROAD |
15 Feb 2023 | £104,929 | £105,000 | 4 HAYDON SQUARE |
7 Sep 2022 | £87,295 | £88,000 | 46 FRONT ROAD |
14 Apr 2022 | £156,540 | £152,010 | 17 HADLEIGH ROAD |
22 Oct 2021 | £90,731 | £82,000 | 88 FRIAR ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 16 Dec 2017. Using an estimated price of £131,402 means this house is valued at £1,825 per sq meter (£169 per sq foot).
The average size of a house on FRIAR ROAD is 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar Square |
Feb 2024 | Other theft | Under investigation | On or near Friar Square |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |
Feb 2024 | Other theft | Under investigation | On or near Friar Square |