£183,119
This estimated value is based upon the latest sale price for the house of £98,450 on 23 Feb 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 |
|---|---|
| £98,450 | 23 Feb 2009 |
| £37,000 | 14 May 1999 |
| £35,000 | 16 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 788 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 2009 the House Price Index for TYNE AND WEAR was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.003%.Applying this 86.003% change to the original purchase price of £98,450 results in an estimated price of approximately £183,119.
| 23 Feb 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 86.003 % | £98,450 | £84,669 | £183,119 |
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 | 33.605 % | £33,083 | £131,533 |
| 3 Month Average | 29.964 % | £29,500 | £127,950 |
| 6 Month Average | 15.940 % | £15,692 | £114,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £74,283 | £72,000 | 3 HILL STREET |
| 15 Nov 2023 | £105,683 | £103,000 | 12 PEMBROKE AVENUE |
| 25 Aug 2023 | £112,020 | £110,000 | 73 CAMBRIDGE ROAD |
| 3 Aug 2022 | £105,996 | £105,500 | 10 MARIA STREET |
| 8 Jul 2022 | £123,235 | £122,000 | 36 CAMBRIDGE ROAD |
This house has a floor area of 73 sq meters or 788 sq feet when measured on 27 Nov 2008. Using an estimated price of £183,120 means this house is valued at £2,499 per sq meter (£232 per sq foot).
The average size of a house on PEMBROKE AVENUE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Surrey Avenue |
| May 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pembroke Avenue |