£141,666
This estimated value is based upon the latest sale price for the house of £127,500 on 16 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,500 | 16 Aug 2021 |
| £104,999 | 9 Jan 2018 |
| £40,950 | 10 Sep 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £127,500 results in an estimated price of approximately £141,666.
| 16 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £127,500 | £14,166 | £141,666 |
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 | 9.592 % | £12,229 | £139,729 |
| 3 Month Average | -0.851 % | £-1,084 | £126,415 |
| 6 Month Average | -4.383 % | £-5,588 | £121,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £88,638 | £87,500 | 19 BEDFORD PLACE |
| 17 Feb 2023 | £149,294 | £150,000 | 5 ATHOL GROVE |
| 21 Jun 2022 | £155,577 | £154,000 | 20 DEVON DRIVE |
| 21 Apr 2022 | £162,051 | £158,000 | 16 COURTNEY DRIVE |
| 6 Apr 2022 | £133,333 | £130,000 | 10 VICARAGE ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Sep 2017. Using an estimated price of £141,667 means this house is valued at £1,995 per sq meter (£185 per sq foot).
The average size of a house on VICARAGE ROAD is 84 sq meters (906 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Crossways |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crossways |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Crossways |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Crossways |
| Feb 2024 | Public order | Under investigation | On or near Vicarage Road |