£297,827
This estimated value is based upon the latest sale price for the house of £223,000 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £223,000 | 3 Jun 2016 |
| £215,000 | 20 Jan 2009 |
| £55,000 | 3 May 2002 |
| £55,000 | 7 Dec 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 June 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £223,000 results in an estimated price of approximately £297,827.
| 3 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £223,000 | £74,827 | £297,827 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 33.365 % | £74,403 | £297,403 |
| 3 Month Average | 15.470 % | £34,497 | £257,497 |
| 6 Month Average | 17.633 % | £39,320 | £262,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £217,734 | £214,950 | 23 HUMBLEDON PARK |
| 22 Sep 2023 | £238,044 | £235,000 | 6 HASLEMERE DRIVE |
| 22 Aug 2023 | £534,627 | £529,950 | CRATHORNE, 17 THOMAS HAWKSLEY PARK |
| 14 Jul 2023 | £228,070 | £225,000 | 21 HUMBLEDON PARK |
| 24 Mar 2023 | £181,712 | £180,000 | 1 HANBY GARDENS |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 4 Sep 2014. Using an estimated price of £297,828 means this house is valued at £2,308 per sq meter (£214 per sq foot).
The average size of a house on SEAFORTH ROAD is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Montrose Gardens |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Montrose Gardens |
| Feb 2024 | Vehicle crime | Under investigation | On or near Montrose Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Montrose Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Montrose Gardens |