£95,260
This estimated value is based upon the latest sale price for the house of £83,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £83,000 | 11 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £83,000 results in an estimated price of approximately £95,260.
| 11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £83,000 | £12,260 | £95,260 |
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 | 34.149 % | £28,343 | £111,343 |
| 3 Month Average | 8.681 % | £7,205 | £90,205 |
| 6 Month Average | 4.421 % | £3,669 | £86,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £83,232 | £82,000 | 16 GLENCOE SQUARE |
| 25 Aug 2023 | £82,724 | £82,000 | 8 GENEVA ROAD |
| 23 Jun 2023 | £96,165 | £95,000 | 15 GARTLAND ROAD |
| 17 Feb 2023 | £104,929 | £105,000 | 20 GARDINER SQUARE |
| 31 Jan 2023 | £99,526 | £99,995 | 14 GLENCOE SQUARE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 14 Feb 2020. Using an estimated price of £95,260 means this house is valued at £1,161 per sq meter (£107 per sq foot).
The average size of a house on GATWICK ROAD is 93 sq meters (1,004 sq feet).
This house is the largest in the street with a floor area of 82 sq meters (882 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gatwick Road |
| Mar 2024 | Burglary | Under investigation | On or near Gardiner Square |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Gardiner Square |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Gardiner Square |
| Mar 2024 | Other theft | Under investigation | On or near Chester Road |