£74,014
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Dec 2018. 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 |
|---|---|
| £60,000 | 14 Dec 2018 |
| 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 December 2018 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £60,000 results in an estimated price of approximately £74,014.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £60,000 | £14,014 | £74,014 |
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 | 51.084 % | £30,650 | £90,650 |
| 3 Month Average | 29.053 % | £17,431 | £77,431 |
| 6 Month Average | 18.107 % | £10,864 | £70,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £75,971 | £75,000 | 50 RENFREW ROAD |
| 4 Aug 2023 | £83,733 | £83,000 | 57 RUNNYMEDE ROAD |
| 10 Mar 2023 | £95,904 | £95,000 | 67 RENFREW ROAD |
| 26 Aug 2022 | £91,753 | £92,000 | 41 REDCAR ROAD |
| 19 Aug 2022 | £132,643 | £133,000 | 38 REDCAR ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 9 Apr 2018. Using an estimated price of £74,015 means this house is valued at £925 per sq meter (£85 per sq foot).
The average size of a house on RENFREW ROAD is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Renfrew Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Renfrew Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Renfrew Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Renfrew Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Road |