£54,872
This estimated value is based upon the latest sale price for the house of £39,000 on 2 Oct 2015. 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 |
|---|---|
| £39,000 | 2 Oct 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 2015 the House Price Index for TYNE AND WEAR was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £39,000 results in an estimated price of approximately £54,872.
| 2 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £39,000 | £15,872 | £54,872 |
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 | 33.772 % | £13,170 | £52,170 |
| 3 Month Average | 7.716 % | £3,009 | £42,009 |
| 6 Month Average | 8.056 % | £3,141 | £42,141 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £164,439 | £163,000 | 27 FERNDENE CRESCENT |
| 28 Jul 2023 | £72,982 | £72,000 | 11 KIMBERLEY STREET |
| 9 Jun 2023 | £131,594 | £130,000 | 42 FERNDENE CRESCENT |
| 1 Mar 2023 | £68,647 | £68,000 | 26 MAFEKING STREET |
| 10 Feb 2023 | £65,956 | £66,000 | 36 KIMBERLEY STREET |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 26 Aug 2014. Using an estimated price of £54,873 means this house is valued at £762 per sq meter (£70 per sq foot).
The average size of a house on FORDLAND PLACE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Hazledene Terrace |
| Mar 2024 | Burglary | Under investigation | On or near Arlington Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ferndene Crescent |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Romford Street |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tamerton Street |