£307,247
This estimated value is based upon the latest sale price for the house of £170,250 on 12 Aug 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,250 | 12 Aug 2009 |
| Detached |
| Freehold |
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 2009 the House Price Index for TYNE AND WEAR was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £170,250 results in an estimated price of approximately £307,247.
| 12 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £170,250 | £136,997 | £307,247 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 16.717 % | £28,460 | £198,710 |
| 3 Month Average | 30.082 % | £51,215 | £221,465 |
| 6 Month Average | 26.068 % | £44,380 | £214,630 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £127,735 | £125,500 | 29 OXFORD CLOSE |
| 24 Jul 2023 | £155,087 | £153,000 | 61 SCARBOROUGH ROAD |
| 6 Feb 2023 | £109,926 | £110,000 | 77 CAVENDISH PLACE |
| 5 Aug 2022 | £122,620 | £122,950 | 25 NORFOLK AVENUE |
| 13 Apr 2022 | £175,066 | £170,000 | 55 VICARAGE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandown Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Symington Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norfolk Avenue |