£135,738
This estimated value is based upon the latest sale price for the house of £85,000 on 29 May 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£85,000 | 29 May 2007 |
£63,000 | 2 Apr 2004 |
£29,000 | 11 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 May 2007 the House Price Index for TYNE AND WEAR was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £85,000 results in an estimated price of approximately £135,738.
29 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £85,000 | £50,738 | £135,738 |
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 | 12.607 % | £10,716 | £95,716 |
3 Month Average | -3.811 % | £-3,239 | £81,760 |
6 Month Average | -2.416 % | £-2,053 | £82,946 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £116,728 | £115,000 | 16 FORDLAND PLACE |
13 Apr 2023 | £96,034 | £95,000 | 8 FORDLAND PLACE |
3 Feb 2023 | £77,448 | £77,500 | 24 ROMFORD STREET |
25 Nov 2022 | £44,461 | £45,000 | 20 ROMFORD STREET |
10 Aug 2022 | £87,764 | £88,000 | 18 HAZLEDENE TERRACE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 17 Nov 2013. Using an estimated price of £135,739 means this house is valued at £1,635 per sq meter (£151 per sq foot).
The average size of a house on ROMFORD STREET is 80 sq meters (867 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Romford Street |
Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Tamerton Street |
Feb 2024 | Drugs | Under investigation | On or near Tamerton Street |
Feb 2024 | Other crime | Under investigation | On or near Tamerton Street |
Mar 2024 | Burglary | Under investigation | On or near Arlington Street |