£347,815
This estimated value is based upon the latest sale price for the house of £185,000 on 31 Jan 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £185,000 | 31 Jan 2005 |
| £72,000 | 31 Mar 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 138 sq meters or 1,485 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 January 2005 the House Price Index for TYNE AND WEAR was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £185,000 results in an estimated price of approximately £347,815.
| 31 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £185,000 | £162,815 | £347,815 |
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 | 22.737 % | £42,064 | £227,064 |
| 3 Month Average | 1.340 % | £2,478 | £187,478 |
| 6 Month Average | 7.401 % | £13,691 | £198,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £217,785 | £215,000 | 10 BELMONT ROAD |
| 27 Jul 2023 | £202,729 | £200,000 | 15 SWALEDALE GARDENS |
| 14 Jul 2023 | £172,319 | £170,000 | 41 HENDERSON ROAD |
| 26 Aug 2022 | £137,131 | £137,500 | 26 HENDERSON ROAD |
| 8 Jul 2022 | £225,607 | £225,000 | 4 DILSTON GARDENS |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 19 Jul 2016. Using an estimated price of £347,816 means this house is valued at £2,520 per sq meter (£234 per sq foot).
The average size of a house on BELMONT ROAD is 157 sq meters (1,689 sq feet).
This house is the largest in the street with a floor area of 138 sq meters (1,485 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Dilston Gardens |
| Feb 2024 | Other theft | Under investigation | On or near Swaledale Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Erith Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erith Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Road |