£118,342
This estimated value is based upon the latest sale price for the house of £76,000 on 8 Apr 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 |
---|---|
£76,000 | 8 Apr 2014 |
£63,750 | 6 Oct 2009 |
£25,000 | 18 Nov 2002 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 April 2014 the House Price Index for TYNE AND WEAR was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £76,000 results in an estimated price of approximately £118,342.
8 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 148.6 | 55.714 % | £76,000 | £42,342 | £118,342 |
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 | 54.556 % | £41,462 | £117,462 |
3 Month Average | 41.507 % | £31,544 | £107,544 |
6 Month Average | 26.378 % | £20,047 | £96,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £96,692 | £95,000 | 6 PEEBLES ROAD |
3 Nov 2023 | £98,965 | £97,500 | 7 GRINDON LANE |
30 Aug 2023 | £88,272 | £87,500 | 1 PAISLEY SQUARE |
1 Aug 2023 | £96,847 | £96,000 | 15 PURLEY SQUARE |
10 Jul 2023 | £146,978 | £145,000 | 49 SOUTHEND ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 8 Nov 2013. Using an estimated price of £118,343 means this house is valued at £1,300 per sq meter (£120 per sq foot).
The average size of a house on PRIMATE ROAD is 95 sq meters (1,029 sq feet).
This house is the largest in the street with a floor area of 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Plymouth Square | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Plymouth Square |
Feb 2024 | Anti-social behaviour | On or near Plymouth Square | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Plymouth Square |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southend Road |