£71,047
This estimated value is based upon the latest sale price for the house of £72,200 on 29 Nov 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £72,200 | 29 Nov 2022 |
| 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 November 2022 the House Price Index for TYNE AND WEAR was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £72,200 results in an estimated price of approximately £71,047.
| 29 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £72,200 | £-1,152 | £71,047 |
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 | -23.959 % | £-17,298 | £54,901 |
| 3 Month Average | 3.843 % | £2,774 | £74,974 |
| 6 Month Average | 0.404 % | £291 | £72,491 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £115,390 | £115,000 | 48 TORQUAY ROAD |
| 25 Aug 2023 | £100,612 | £100,000 | 27 TAUNTON ROAD |
| 2 Aug 2023 | £85,520 | £85,000 | 53 TORONTO ROAD |
| 28 Apr 2023 | £73,547 | £73,000 | 48 TUNBRIDGE ROAD |
| 27 Feb 2023 | £114,459 | £115,000 | 12 TORONTO SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Telford Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Telford Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Telford Road |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Telford Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Telford Road |