£91,402
This estimated value is based upon the latest sale price for the house of £82,000 on 15 Oct 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£82,000 | 15 Oct 2021 |
£80,000 | 25 May 2006 |
Flats/Maisonettes |
Freehold |
Floor Area: 75 sq meters or 807 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 October 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £82,000 results in an estimated price of approximately £91,402.
15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £82,000 | £9,402 | £91,402 |
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 | 14.854 % | £12,180 | £94,180 |
3 Month Average | 0.058 % | £47 | £82,047 |
6 Month Average | 3.687 % | £3,023 | £85,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £76,743 | £75,000 | 86 DOVECOTE MEADOW FORDFIELD ROAD |
21 Feb 2023 | £82,551 | £82,000 | 56 FRIAR ROAD |
15 Feb 2023 | £105,706 | £105,000 | 4 HAYDON SQUARE |
14 Apr 2022 | £157,699 | £152,010 | 17 HADLEIGH ROAD |
22 Oct 2021 | £91,403 | £82,000 | 88 FRIAR ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 16 Nov 2018. Using an estimated price of £91,403 means this house is valued at £1,218 per sq meter (£113 per sq foot).
The average size of a house on FRIAR ROAD is 81 sq meters (871 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar Square |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friar Square |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |
Jul 2024 | Anti-social behaviour | On or near Friar Square | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Friar Square |