£117,170
This estimated value is based upon the latest sale price for the house of £95,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Tanfield Road
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £95,000 | 12 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £95,000 results in an estimated price of approximately £117,170.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £95,000 | £22,170 | £117,170 |
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 | -31.047 % | £-29,495 | £65,504 |
| 3 Month Average | -1.022 % | £-971 | £94,028 |
| 6 Month Average | 5.522 % | £5,245 | £100,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £116,489 | £115,000 | 28 TAUNTON SQUARE |
| 25 Aug 2023 | £100,883 | £100,000 | 27 TAUNTON ROAD |
| 2 Aug 2023 | £85,750 | £85,000 | 53 TORONTO ROAD |
| 13 Jul 2023 | £131,774 | £130,000 | 9 THISTLE ROAD |
| 28 Apr 2023 | £73,795 | £73,000 | 48 TUNBRIDGE ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Sep 2017. Using an estimated price of £117,171 means this house is valued at £1,394 per sq meter (£129 per sq foot).
The average size of a house on TANFIELD ROAD is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Tanfield Road |
| Feb 2024 | Burglary | Under investigation | On or near Tanfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tanfield Road |