£99,113
This estimated value is based upon the latest sale price for the house of £80,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 22 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £80,000 results in an estimated price of approximately £99,113.
| 22 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £80,000 | £19,113 | £99,113 |
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 | 1.158 % | £926 | £80,926 |
| 3 Month Average | 4.294 % | £3,435 | £83,435 |
| 6 Month Average | 5.708 % | £4,566 | £84,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £73,388 | £72,000 | 3 HILL STREET |
| 15 Nov 2023 | £104,339 | £103,000 | 12 PEMBROKE AVENUE |
| 3 Aug 2022 | £104,792 | £105,500 | 10 MARIA STREET |
| 8 Jul 2022 | £121,835 | £122,000 | 36 CAMBRIDGE ROAD |
| 27 Jun 2022 | £156,587 | £155,000 | 62 PEMBROKE AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 9 May 2018. Using an estimated price of £99,114 means this house is valued at £1,270 per sq meter (£118 per sq foot).
The average size of a house on PEMBROKE AVENUE is 93 sq meters (1,003 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cambridge Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cambridge Road |
| Feb 2024 | Other crime | Under investigation | On or near Cambridge Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pembroke Avenue |