£191,126
This estimated value is based upon the latest sale price for the house of £37,000 on 30 May 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £37,000 | 30 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 May 1997 the House Price Index for TYNE AND WEAR was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £37,000 results in an estimated price of approximately £191,126.
| 30 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £37,000 | £154,126 | £191,126 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 185.304 % | £68,562 | £105,562 |
| 3 Month Average | 214.081 % | £79,209 | £116,209 |
| 6 Month Average | 198.565 % | £73,468 | £110,468 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £104,548 | £103,000 | 12 PEMBROKE AVENUE |
| 21 Aug 2023 | £110,920 | £109,950 | 23 LORD STREET |
| 8 Aug 2023 | £89,281 | £88,500 | 33 ROBERT STREET |
| 27 Jun 2022 | £157,222 | £155,000 | 62 PEMBROKE AVENUE |
| 8 Jun 2022 | £86,218 | £85,000 | 38 QUARRY STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 28 Oct 2013. Using an estimated price of £191,126 means this house is valued at £1,786 per sq meter (£165 per sq foot).
The average size of a house on PEMBROKE AVENUE is 93 sq meters (1,003 sq feet).
This house is the largest in the street with a floor area of 107 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pembroke Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Pembroke Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pembroke Avenue |