£68,159
This estimated value is based upon the latest sale price for the house of £55,000 on 6 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,000 | 6 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £55,000 results in an estimated price of approximately £68,159.
| 6 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £55,000 | £13,159 | £68,159 |
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 | 54.671 % | £30,068 | £85,068 |
| 3 Month Average | 3.765 % | £2,070 | £57,070 |
| 6 Month Average | 12.413 % | £6,827 | £61,827 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2023 | £242,943 | £240,000 | 49 BROCKENHURST DRIVE |
| 26 Apr 2023 | £121,256 | £119,950 | 34 GOLDSMITH ROAD |
| 20 Jan 2023 | £129,390 | £130,000 | 1 GAMBIA SQUARE |
| 25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
| 23 Sep 2022 | £89,229 | £89,950 | 14 GUERNSEY SQUARE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 Mar 2018. Using an estimated price of £68,159 means this house is valued at £1,032 per sq meter (£95 per sq foot).
There is one other house on the street which we know the size of, this is 3 GLOVER SQUARE it is 63.7
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Guernsey Square | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guernsey Square |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Guernsey Square |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Guernsey Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Guernsey Square |