£107,075
This estimated value is based upon the latest sale price for the house of £62,500 on 1 Apr 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,500 | 1 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2011 the House Price Index for TYNE AND WEAR was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £62,500 results in an estimated price of approximately £107,075.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £62,500 | £44,575 | £107,075 |
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 | 36.555 % | £22,846 | £85,346 |
| 3 Month Average | 13.458 % | £8,411 | £70,911 |
| 6 Month Average | 15.045 % | £9,403 | £71,903 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £136,748 | £135,000 | 51 DOULTON DRIVE |
| 28 Jul 2023 | £150,019 | £148,000 | 17 DOULTON DRIVE |
| 1 Jun 2023 | £138,680 | £137,000 | 678 HYLTON ROAD |
| 25 Apr 2023 | £76,827 | £76,000 | 24 ST JOHNS VALE |
| 23 Sep 2022 | £94,735 | £95,500 | 640 HYLTON ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 17 Oct 2013. Using an estimated price of £107,075 means this house is valued at £1,176 per sq meter (£109 per sq foot).
The average size of a house on PRESTHOPE ROAD is 98 sq meters (1,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Presthope Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Presthope Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Presthope Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Doulton Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Doulton Drive |