£147,298
This estimated value is based upon the latest sale price for the house of £88,000 on 12 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £88,000 | 12 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £88,000 results in an estimated price of approximately £147,298.
| 12 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.384 % | £88,000 | £59,298 | £147,298 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -6.668 % | £-5,868 | £82,131 |
| 3 Month Average | 6.109 % | £5,375 | £93,375 |
| 6 Month Average | 13.095 % | £11,523 | £99,523 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £116,489 | £115,000 | 5 WILLOW GROVE |
| 27 Feb 2023 | £199,866 | £200,000 | 4 WISTERIA GARDENS |
| 22 Feb 2023 | £86,634 | £86,692 | 18 WISTERIA GARDENS |
| 14 Feb 2023 | £164,889 | £165,000 | 258 SUNDERLAND ROAD |
| 11 Nov 2022 | £172,906 | £175,000 | 321 SUNDERLAND ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 30 Oct 2012. Using an estimated price of £147,298 means this house is valued at £1,518 per sq meter (£141 per sq foot).
The average size of a house on SUNDERLAND ROAD is 142 sq meters (1,534 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Grove |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Willow Grove |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near The Crescent |