£91,677
This estimated value is based upon the latest sale price for the house of £89,950 on 20 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£89,950 | 20 May 2022 |
£71,000 | 17 Sep 2010 |
Semi-Detached |
Freehold |
Floor Area: 81 sq meters or 881 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 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £89,950 results in an estimated price of approximately £91,677.
20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £89,950 | £1,727 | £91,677 |
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 | -3.887 % | £-3,496 | £86,453 |
3 Month Average | -8.548 % | £-7,689 | £82,260 |
6 Month Average | -6.149 % | £-5,530 | £84,419 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £73,589 | £72,500 | 46 PRESTBURY ROAD |
25 Apr 2023 | £76,827 | £76,000 | 24 ST JOHNS VALE |
8 Jul 2022 | £135,364 | £135,000 | 2 GOUROCK SQUARE |
8 Jul 2022 | £1,007,713 | £1,005,000 | SITE BT77 PENNYWELL INDUSTRIAL ESTATE |
20 May 2022 | £91,677 | £89,950 | 55 PRESTBURY ROAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 19 Jan 2009. Using an estimated price of £91,677 means this house is valued at £1,119 per sq meter (£103 per sq foot).
The average size of a house on PRESTBURY ROAD is 91 sq meters (986 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pickering Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Pickering Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Pickering Road |
Mar 2024 | Shoplifting | Under investigation | On or near Pickhurst Road |
Mar 2024 | Shoplifting | Under investigation | On or near Pickhurst Road |