£232,196
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Jul 2023. 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 |
|---|---|
| £230,000 | 28 Jul 2023 |
| £140,000 | 8 Oct 2021 |
| Terraced |
| 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 July 2023 the House Price Index for TYNE AND WEAR was 146.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.955%.Applying this 0.955% change to the original purchase price of £230,000 results in an estimated price of approximately £232,196.
| 28 Jul 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.0 | 0.955 % | £230,000 | £2,196 | £232,196 |
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 | -10.150 % | £-23,345 | £206,654 |
| 3 Month Average | 14.785 % | £34,005 | £264,005 |
| 6 Month Average | 7.932 % | £18,244 | £248,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £127,777 | £127,000 | 15 STAMFORD AVENUE |
| 28 Jul 2023 | £232,196 | £230,000 | 122 DURHAM ROAD |
| 16 Jun 2023 | £80,654 | £80,000 | 28 TUDOR GROVE |
| 16 Jun 2023 | £176,431 | £175,000 | 130 DURHAM ROAD |
| 9 Jun 2023 | £75,613 | £75,000 | 6 PORTLAND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Saxon Crescent |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Saxon Crescent |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Saxon Crescent |