£89,673
This estimated value is based upon the latest sale price for the house of £58,000 on 23 May 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 |
|---|---|
| £58,000 | 23 May 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £58,000 results in an estimated price of approximately £89,673.
| 23 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £58,000 | £31,673 | £89,673 |
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 | 13.212 % | £7,662 | £65,662 |
| 3 Month Average | 4.314 % | £2,502 | £60,502 |
| 6 Month Average | 8.467 % | £4,910 | £62,910 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £58,512 | £58,000 | 6 ONSLOW STREET |
| 21 Mar 2023 | £94,894 | £94,000 | 64A GENERAL HAVELOCK ROAD |
| 6 Jan 2023 | £34,836 | £35,000 | 28 WARENNES STREET |
| 11 Aug 2022 | £109,655 | £109,950 | 8 FALKLAND ROAD |
| 30 Jun 2022 | £114,620 | £113,000 | 5 PLANTATION SQUARE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 21 Jul 2014. Using an estimated price of £89,673 means this house is valued at £717 per sq meter (£66 per sq foot).
The average size of a house on FORDFIELD ROAD is 77 sq meters (836 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Fourstones Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Midmoor Road |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Midmoor Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near General Havelock Road |