£107,779
This estimated value is based upon the latest sale price for the house of £42,500 on 20 Dec 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £42,500 | 20 Dec 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 December 2002 the House Price Index for TYNE AND WEAR was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £42,500 results in an estimated price of approximately £107,779.
| 20 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 58.6 | 148.6 | 153.600 % | £42,500 | £65,279 | £107,779 |
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 | 124.762 % | £53,023 | £95,523 |
| 3 Month Average | 121.895 % | £51,805 | £94,305 |
| 6 Month Average | 114.048 % | £48,470 | £90,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £79,500 | £79,500 | 7 POLWORTH SQUARE |
| 22 Nov 2023 | £86,277 | £85,000 | 15 PATON ROAD |
| 20 Sep 2023 | £66,855 | £66,000 | 79 POLMUIR ROAD |
| 1 Aug 2023 | £96,847 | £96,000 | 15 PURLEY SQUARE |
| 4 Jul 2023 | £80,711 | £79,625 | 5 PORTREE SQUARE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 15 Jul 2015. Using an estimated price of £107,780 means this house is valued at £1,738 per sq meter (£161 per sq foot).
The average size of a house on PURLEY ROAD is 89 sq meters (965 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Paignton Square | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Paignton Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paignton Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Paignton Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Paignton Square |