£78,607
This estimated value is based upon the latest sale price for the house of £55,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£55,000 | 7 Aug 2015 |
£31,500 | 17 Nov 2000 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £55,000 results in an estimated price of approximately £78,607.
7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £55,000 | £23,607 | £78,607 |
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 | 57.699 % | £31,734 | £86,734 |
3 Month Average | 4.414 % | £2,427 | £57,427 |
6 Month Average | 9.888 % | £5,438 | £60,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £87,173 | £86,000 | 32 GENERAL HAVELOCK ROAD |
27 Jun 2023 | £162,974 | £161,000 | 80 FORDFIELD ROAD |
21 Mar 2023 | £94,894 | £94,000 | 64A GENERAL HAVELOCK ROAD |
10 Feb 2023 | £90,939 | £91,000 | 48 FORDHAM ROAD |
5 May 2022 | £133,516 | £131,000 | 50 GENERAL HAVELOCK ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 10 Dec 2015. Using an estimated price of £78,608 means this house is valued at £883 per sq meter (£82 per sq foot).
The average size of a house on GENERAL HAVELOCK ROAD is 92 sq meters (997 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near General Havelock Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Falmouth Square |