£131,840
This estimated value is based upon the latest sale price for the house of £28,000 on 15 May 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Redruth Square
More crime details
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| Price Paid | Date |
|---|---|
| £28,000 | 15 May 1998 |
| Semi-Detached |
| Freehold |
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 May 1998 the House Price Index for TYNE AND WEAR was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £28,000 results in an estimated price of approximately £131,840.
| 15 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £28,000 | £103,840 | £131,840 |
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 | 284.353 % | £79,618 | £107,618 |
| 3 Month Average | 195.436 % | £54,722 | £82,722 |
| 6 Month Average | 164.480 % | £46,054 | £74,054 |
| 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 |
| 17 Aug 2022 | £129,601 | £129,950 | 78 ROTHERHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redruth Square |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Redruth Square |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Redruth Square |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redruth Square |
| Feb 2024 | Anti-social behaviour | On or near Redruth Square |