£73,162
This estimated value is based upon the latest sale price for the house of £35,000 on 1 Mar 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £35,000 | 1 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 March 2004 the House Price Index for TYNE AND WEAR was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £35,000 results in an estimated price of approximately £73,162.
| 1 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £35,000 | £38,162 | £73,162 |
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 | 53.812 % | £18,834 | £53,834 |
| 3 Month Average | 27.458 % | £9,610 | £44,610 |
| 6 Month Average | 39.764 % | £13,917 | £48,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £106,870 | £105,000 | 74 HOLBORN ROAD |
| 10 Nov 2023 | £111,146 | £109,500 | 13 HEXHAM ROAD |
| 8 Sep 2023 | £151,943 | £150,000 | 70 HADLEIGH ROAD |
| 22 Jul 2022 | £75,202 | £75,000 | 16 HALSTEAD SQUARE |
| 15 Jun 2022 | £99,405 | £98,000 | 2 HIGHGATE ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 21 Oct 2013. Using an estimated price of £73,162 means this house is valued at £1,219 per sq meter (£113 per sq foot).
There is one other house on the street which we know the size of, this is 17 HOLYLAKE SQUARE it is 75.76
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Holylake Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Holylake Square |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Holylake Square |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Helmsdale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Helmsdale Road |