£180,633
This estimated value is based upon the latest sale price for the house of £105,000 on 21 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 21 Mar 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,096 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 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £105,000 results in an estimated price of approximately £180,633.
| 21 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £105,000 | £75,633 | £180,633 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 48.664 % | £51,096 | £156,096 |
| 3 Month Average | 41.653 % | £43,735 | £148,735 |
| 6 Month Average | 30.855 % | £32,397 | £137,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 12 SPRINGBANK SQUARE |
| 24 Mar 2023 | £138,303 | £137,000 | 8 SHAFTOE ROAD |
| 12 Jan 2023 | £166,217 | £167,000 | 14 SPRINGBANK ROAD |
| 25 Nov 2022 | £36,557 | £37,000 | 32 SHAFTOE ROAD |
| 20 Jul 2022 | £111,300 | £111,000 | 7 SHAFTOE ROAD |
This house has a floor area of 101 sq meters or 1,096 sq feet when measured on 17 Jan 2011. Using an estimated price of £180,633 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on SHAFTOE SQUARE is 154 sq meters (1,665 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sunningdale Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Sunningdale Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Sunningdale Road |
| Feb 2024 | Public order | Awaiting court outcome | On or near Sunningdale Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Sunningdale Road |