£94,382
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Feb 2022. 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 |
---|---|
£90,000 | 14 Feb 2022 |
£84,950 | 27 Oct 2006 |
£20,500 | 6 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £90,000 results in an estimated price of approximately £94,382.
14 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £90,000 | £4,382 | £94,382 |
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 | 13.409 % | £12,068 | £102,068 |
3 Month Average | -7.598 % | £-6,837 | £83,162 |
6 Month Average | -5.285 % | £-4,756 | £85,243 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £101,295 | £100,000 | 42 FORD CRESCENT |
29 Sep 2023 | £200,564 | £198,000 | BELLOC HOUSE DALLA STREET |
25 Aug 2023 | £110,971 | £110,000 | 28 CLAXHEUGH ROAD |
25 Aug 2023 | £121,059 | £120,000 | 6 FORD CRESCENT |
19 Jun 2023 | £87,055 | £86,000 | 12 FREDERICK STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 24 Jul 2021. Using an estimated price of £94,383 means this house is valued at £1,498 per sq meter (£139 per sq foot).
The average size of a house on CLAXHEUGH ROAD is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near High Elm | |
Apr 2024 | Anti-social behaviour | On or near Wear Street | |
Mar 2024 | Anti-social behaviour | On or near Wear Street | |
Mar 2024 | Anti-social behaviour | On or near Wear Street | |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Ford Avenue |