£150,384
This estimated value is based upon the latest sale price for the house of £84,000 on 27 Jan 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£84,000 | 27 Jan 2006 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 2006 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £84,000 results in an estimated price of approximately £150,384.
27 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 148.6 | 79.030 % | £84,000 | £66,384 | £150,384 |
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 | 16.450 % | £13,818 | £97,818 |
3 Month Average | 1.554 % | £1,305 | £85,305 |
6 Month Average | 1.912 % | £1,606 | £85,606 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £72,000 | £72,000 | 17 PORTSMOUTH SQUARE |
11 Mar 2024 | £65,500 | £65,500 | 18 PORTSMOUTH SQUARE |
15 Dec 2023 | £117,048 | £115,000 | 20 MEADOW GROVE |
2 Jun 2023 | £83,512 | £82,500 | 50 PORTSMOUTH SQUARE |
3 Feb 2023 | £74,950 | £75,000 | 42 PORTSMOUTH SQUARE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Dec 2013. Using an estimated price of £150,385 means this house is valued at £2,032 per sq meter (£188 per sq foot).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Grove |
Jan 2024 | Drugs | Under investigation | On or near East Grove |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Grindon Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Grindon Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Grindon Lane |