£95,193
This estimated value is based upon the latest sale price for the house of £74,950 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £74,950 | 18 Aug 2017 |
| £73,000 | 28 Aug 2015 |
| £72,500 | 24 Feb 2012 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 949 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 August 2017 the House Price Index for TYNE AND WEAR was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £74,950 results in an estimated price of approximately £95,193.
| 18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £74,950 | £20,243 | £95,193 |
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 | -5.709 % | £-4,279 | £70,670 |
| 3 Month Average | 7.902 % | £5,922 | £80,872 |
| 6 Month Average | 15.245 % | £11,426 | £86,376 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £131,768 | £129,995 | 68 FOREST ROAD |
| 21 Feb 2023 | £81,945 | £82,000 | 56 FRIAR ROAD |
| 16 Jan 2023 | £169,203 | £170,000 | 15 FELIXSTOWE ROAD |
| 7 Sep 2022 | £87,295 | £88,000 | 46 FRONT ROAD |
| 1 Sep 2022 | £94,239 | £95,000 | 433 HYLTON ROAD |
This house has a floor area of 88 sq meters or 949 sq feet when measured on 2 Sep 2011. Using an estimated price of £95,193 means this house is valued at £1,078 per sq meter (£100 per sq foot).
There is one other house on the street which we know the size of, this is 11 FENTON SQUARE it is 74.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Friar Road |
| Jan 2024 | Anti-social behaviour | On or near Friar Road | |
| Jan 2024 | Anti-social behaviour | On or near Friar Road | |
| Jan 2024 | Anti-social behaviour | On or near Friar Road |