£124,931
This estimated value is based upon the latest sale price for the house of £82,500 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,500 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 2014 the House Price Index for TYNE AND WEAR was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £82,500 results in an estimated price of approximately £124,931.
| 29 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £82,500 | £42,431 | £124,931 |
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 | 33.168 % | £27,363 | £109,863 |
| 3 Month Average | 23.975 % | £19,779 | £102,279 |
| 6 Month Average | 23.289 % | £19,213 | £101,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £157,760 | £155,000 | 60 ABERCORN ROAD |
| 7 Sep 2023 | £96,230 | £95,000 | 30 AGAR ROAD |
| 30 Jun 2023 | £89,079 | £88,000 | 30 ABOYNE SQUARE |
| 28 Jun 2023 | £102,238 | £101,000 | 34 ALLENDALE ROAD |
| 21 Jun 2022 | £106,505 | £105,000 | 46 ARCHER ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 29 Mar 2014. Using an estimated price of £124,931 means this house is valued at £1,643 per sq meter (£152 per sq foot).
The average size of a house on ARCHER ROAD is 85 sq meters (919 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Aintree Road |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Aintree Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Aintree Road |
| Dec 2023 | Public order | Under investigation | On or near Aintree Road |
| Dec 2023 | Criminal damage and arson | Offender given a caution | On or near Aintree Road |