£346,683
This estimated value is based upon the latest sale price for the house of £275,000 on 27 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £275,000 | 27 Nov 2017 |
| Freehold |
| Floor Area: 31 sq meters or 333 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £275,000 results in an estimated price of approximately £346,683.
| 27 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.6 | 26.067 % | £275,000 | £71,683 | £346,683 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -28.807 % | £-79,218 | £195,781 |
| 3 Month Average | -9.165 % | £-25,205 | £249,794 |
| 6 Month Average | -9.784 % | £-26,906 | £248,093 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £180,712 | £177,550 | 26A THE VILLAGE |
| 22 Sep 2023 | £384,922 | £380,000 | THE WILDERNESS CLIFF ROAD |
| 4 Aug 2023 | £136,191 | £135,000 | 24 CLIFF ROAD |
| 3 Feb 2023 | £99,933 | £100,000 | 3 GREY TERRACE |
| 20 Jan 2023 | £377,721 | £379,500 | SOUTH FARM COTTAGE THE VILLAGE |
This house has a floor area of 31 sq meters or 333 sq feet when measured on 26 Feb 2018. Using an estimated price of £346,684 means this house is valued at £11,183 per sq meter (£1,038 per sq foot).
There is one other house on the street which we know the size of, this is 33 THE SANDERLINGS it is 88.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Coronation Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colin Terrace |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colin Terrace |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Byony Toft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Byony Toft |