£128,763
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Oct 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 |
|---|---|
| £105,000 | 18 Oct 2019 |
| £94,250 | 17 Apr 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £105,000 results in an estimated price of approximately £128,763.
| 18 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £105,000 | £23,763 | £128,763 |
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 | 50.809 % | £53,349 | £158,349 |
| 3 Month Average | 1.519 % | £1,595 | £106,595 |
| 6 Month Average | 8.457 % | £8,879 | £113,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £177,630 | £175,000 | 81 HALESWORTH DRIVE |
| 1 Sep 2023 | £154,475 | £152,500 | 57 HALESWORTH DRIVE |
| 27 Sep 2021 | £80,819 | £75,000 | 41 PENWOOD ROAD |
| 23 Aug 2021 | £195,177 | £174,950 | 25 HALESWORTH DRIVE |
| 5 Aug 2021 | £145,030 | £130,000 | 41 PALGROVE ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 24 Jul 2013. Using an estimated price of £128,764 means this house is valued at £1,055 per sq meter (£98 per sq foot).
The average size of a house on PALGROVE ROAD is 115 sq meters (1,245 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Palgrove Road |
| Jan 2024 | Drugs | Under investigation | On or near Palgrove Road |