£86,552
This estimated value is based upon the latest sale price for the house of £65,000 on 1 Jul 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,000 | 1 Jul 2016 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £65,000 results in an estimated price of approximately £86,552.
| 1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £65,000 | £21,552 | £86,552 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -44.639 % | £-29,015 | £35,984 |
| 3 Month Average | 11.894 % | £7,730 | £72,730 |
| 6 Month Average | 15.074 % | £9,797 | £74,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £70,618 | £70,000 | 41 REDHILL ROAD |
| 9 Jun 2023 | £101,226 | £100,000 | 11 REDRUTH SQUARE |
| 27 Mar 2023 | £75,713 | £75,000 | 11 RADLETT ROAD |
| 10 Mar 2023 | £47,952 | £47,500 | 7 RINGWOOD SQUARE |
| 21 Nov 2022 | £145,735 | £147,500 | 79 RUNNYMEDE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 24 Sep 2015. Using an estimated price of £86,552 means this house is valued at £1,081 per sq meter (£100 per sq foot).
The average size of a house on ROCHDALE ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Redhill Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Redhill Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redruth Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redruth Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redruth Square |