£99,785
This estimated value is based upon the latest sale price for the house of £80,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£80,000 | 25 May 2018 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 2018 the House Price Index for TYNE AND WEAR was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £80,000 results in an estimated price of approximately £99,785.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £80,000 | £19,785 | £99,785 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -42.967 % | £-34,373 | £45,626 |
3 Month Average | -9.620 % | £-7,696 | £72,303 |
6 Month Average | -2.928 % | £-2,342 | £77,657 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £162,072 | £160,000 | 37 HILL VIEW ROAD |
31 Jul 2023 | £116,569 | £115,000 | 11 HEREFORD COURT |
26 Jul 2023 | £111,501 | £110,000 | 45 HELVELLYN ROAD |
21 Jul 2023 | £116,518 | £114,950 | 1 HEREFORD COURT |
14 Jul 2023 | £172,319 | £170,000 | 9 HARCOURT ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 25 Jan 2018. Using an estimated price of £99,786 means this house is valued at £1,425 per sq meter (£132 per sq foot).
The average size of a house on HARCOURT ROAD is 96 sq meters (1,041 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hereford Road |
Feb 2024 | Other crime | Under investigation | On or near Halidon Road |
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Hereford Square |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hereford Square |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hereford Square |