£90,180
This estimated value is based upon the latest sale price for the house of £73,000 on 25 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£73,000 | 25 Jan 2019 |
£73,999 | 6 Aug 2018 |
Semi-Detached |
Freehold |
Floor Area: 55 sq meters or 592 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £73,000 results in an estimated price of approximately £90,180.
25 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.536 % | £73,000 | £17,180 | £90,180 |
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 | 15.465 % | £11,289 | £84,289 |
3 Month Average | 7.721 % | £5,636 | £78,636 |
6 Month Average | 11.725 % | £8,559 | £81,559 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2023 | £121,256 | £119,950 | 34 GOLDSMITH ROAD |
20 Jan 2023 | £129,390 | £130,000 | 1 GAMBIA SQUARE |
25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
23 Sep 2022 | £89,229 | £89,950 | 14 GUERNSEY SQUARE |
11 Apr 2022 | £84,444 | £82,000 | 3 GREENSHIELDS ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 12 Aug 2013. Using an estimated price of £90,181 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on GUERNSEY ROAD is 86 sq meters (933 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Guernsey Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grenfell Square |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grenfell Square |
Jan 2024 | Public order | Under investigation | On or near Grenfell Square |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guernsey Square |