£234,866
This estimated value is based upon the latest sale price for the house of £190,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £190,000 | 3 May 2019 |
| £178,000 | 15 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 203 sq meters or 2,185 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £190,000 results in an estimated price of approximately £234,866.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £190,000 | £44,866 | £234,866 |
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 | 32.594 % | £61,929 | £251,929 |
| 3 Month Average | -11.516 % | £-21,880 | £168,119 |
| 6 Month Average | 0.970 % | £1,843 | £191,843 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £172,151 | £169,950 | 47 FARNHAM TERRACE |
| 30 Jun 2023 | £163,986 | £162,000 | 33 FARNHAM TERRACE |
| 2 Jun 2023 | £328,985 | £325,000 | 5 ETTRICK GROVE |
| 28 Apr 2023 | £262,830 | £260,000 | 20 ETTRICK GROVE |
| 11 Oct 2022 | £66,781 | £67,500 | 32 THE WESTLANDS |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 20 Nov 2012. Using an estimated price of £234,866 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on THE WESTLANDS is 141 sq meters (1,526 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Eastfield Street |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street | |
| Jan 2024 | Anti-social behaviour | On or near Eastfield Street | |
| Mar 2024 | Other crime | Under investigation | On or near Guisborough Street |