£115,380
This estimated value is based upon the latest sale price for the house of £62,500 on 24 Jun 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£62,500 | 24 Jun 2005 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 630 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 June 2005 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £62,500 results in an estimated price of approximately £115,380.
24 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 148.6 | 84.608 % | £62,500 | £52,880 | £115,380 |
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 | 32.391 % | £20,244 | £82,744 |
3 Month Average | 7.502 % | £4,689 | £67,189 |
6 Month Average | 7.108 % | £4,442 | £66,942 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £91,352 | £90,000 | 7 ERITH TERRACE |
29 Sep 2023 | £87,367 | £86,250 | 21 ERITH TERRACE |
20 Sep 2023 | £109,905 | £108,500 | 15 WESTWOOD STREET |
15 Sep 2023 | £135,229 | £133,500 | 11 BROOKLAND ROAD |
25 Aug 2023 | £102,900 | £102,000 | 20 ERITH TERRACE |
This house has a floor area of 58 sq meters or 630 sq feet when measured on 13 Oct 2009. Using an estimated price of £115,380 means this house is valued at £1,968 per sq meter (£182 per sq foot).
The average size of a house on BROOKLAND ROAD is 84 sq meters (914 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (630 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Erith Terrace |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erith Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Westwood Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Bexley Street |