£196,529
This estimated value is based upon the latest sale price for the house of £142,000 on 17 Dec 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£142,000 | 17 Dec 2015 |
Semi-Detached |
Leasehold |
Floor Area: 121 sq meters or 1,302 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 December 2015 the House Price Index for TYNE AND WEAR was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £142,000 results in an estimated price of approximately £196,529.
17 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £142,000 | £54,529 | £196,529 |
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 | 18.406 % | £26,136 | £168,136 |
3 Month Average | 4.863 % | £6,905 | £148,905 |
6 Month Average | 7.272 % | £10,326 | £152,326 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £223,918 | £220,000 | 8 THE WESTLANDS |
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 |
23 Sep 2022 | £161,198 | £162,500 | 14 THE WESTLANDS |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 2 Sep 2016. Using an estimated price of £196,530 means this house is valued at £1,624 per sq meter (£150 per sq foot).
The average size of a house on BELMONT ROAD is 157 sq meters (1,689 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Under investigation | On or near Swaledale Gardens |
Mar 2024 | Other crime | Under investigation | On or near Dilston Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Barnard Street |
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 |