£135,206
This estimated value is based upon the latest sale price for the house of £79,000 on 22 Dec 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,000 | 22 Dec 2010 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 715 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 2010 the House Price Index for TYNE AND WEAR was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £79,000 results in an estimated price of approximately £135,206.
22 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.8 | 148.6 | 71.148 % | £79,000 | £56,206 | £135,206 |
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 | 29.197 % | £23,065 | £102,065 |
3 Month Average | 6.254 % | £4,940 | £83,940 |
6 Month Average | 9.464 % | £7,476 | £86,476 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £91,104 | £90,000 | 3 ROSEWOOD SQUARE |
17 Feb 2023 | £104,929 | £105,000 | 20 GARDINER SQUARE |
9 Feb 2023 | £86,742 | £86,800 | 71 GARDINER ROAD |
18 Jan 2023 | £111,973 | £112,500 | 67 GARDINER ROAD |
8 Jul 2022 | £135,364 | £135,000 | 2 GOUROCK SQUARE |
This house has a floor area of 66 sq meters or 715 sq feet when measured on 28 Jun 2010. Using an estimated price of £135,207 means this house is valued at £2,033 per sq meter (£188 per sq foot).
The average size of a house on GODFREY ROAD is 103 sq meters (1,116 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Godfrey Road |
Mar 2024 | Other crime | Under investigation | On or near Godfrey Road |
Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Godfrey Road |
Jan 2024 | Other crime | Under investigation | On or near Godfrey Road |
Jan 2024 | Other crime | Under investigation | On or near Godfrey Road |