£147,952
This estimated value is based upon the latest sale price for the house of £80,000 on 15 May 2009. 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 |
|---|---|
| £80,000 | 15 May 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £80,000 results in an estimated price of approximately £147,952.
| 15 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.940 % | £80,000 | £67,952 | £147,952 |
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 | 56.785 % | £45,428 | £125,428 |
| 3 Month Average | 40.173 % | £32,138 | £112,138 |
| 6 Month Average | 33.930 % | £27,143 | £107,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 12 SPRINGBANK SQUARE |
| 19 Jun 2023 | £140,704 | £139,000 | 85 SPRINGWELL ROAD |
| 26 Aug 2022 | £106,962 | £107,250 | 15 SUNNINGDALE ROAD |
| 19 Aug 2022 | £114,691 | £115,000 | 5 SUNNINGDALE ROAD |
| 5 May 2022 | £127,401 | £125,000 | 24 SUNNINGDALE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 10 Jan 2009. Using an estimated price of £147,952 means this house is valued at £1,804 per sq meter (£167 per sq foot).
The average size of a house on SPRINGWELL ROAD is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swindon Road |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Springwell Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Springwell Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Springwell Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sackville Road |