£245,805
This estimated value is based upon the latest sale price for the house of £145,000 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 18 Jan 2013 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 884 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 2013 the House Price Index for TYNE AND WEAR was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £145,000 results in an estimated price of approximately £245,805.
| 18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £145,000 | £100,805 | £245,805 |
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 | 35.014 % | £50,770 | £195,770 |
| 3 Month Average | 3.178 % | £4,608 | £149,608 |
| 6 Month Average | 7.202 % | £10,443 | £155,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £192,068 | £190,000 | 42 EWESLEY ROAD |
| 17 Mar 2023 | £222,092 | £220,000 | 40 EWESLEY ROAD |
| 16 Feb 2023 | £119,919 | £120,000 | 33 EWESLEY ROAD |
| 20 Jan 2023 | £216,978 | £218,000 | 38 EWESLEY ROAD |
| 17 Jan 2023 | £154,273 | £155,000 | 183 CLEVELAND ROAD |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 7 Mar 2012. Using an estimated price of £245,806 means this house is valued at £2,991 per sq meter (£277 per sq foot).
The average size of a house on MOUNT ROAD is 115 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Mount Road |
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road | |
| Feb 2024 | Anti-social behaviour | On or near Wycliffe Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Barnes View |
| Feb 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Barnes View |