£137,073
This estimated value is based upon the latest sale price for the house of £138,000 on 26 Aug 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 |
|---|---|
| £138,000 | 26 Aug 2022 |
| £103,500 | 5 Oct 2018 |
| £110,000 | 8 Apr 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £138,000 results in an estimated price of approximately £137,073.
| 26 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £138,000 | £-926 | £137,073 |
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 | -12.750 % | £-17,594 | £120,405 |
| 3 Month Average | 3.436 % | £4,742 | £142,742 |
| 6 Month Average | -1.949 % | £-2,689 | £135,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £127,777 | £127,000 | 15 STAMFORD AVENUE |
| 13 Apr 2023 | £74,554 | £74,000 | 60 SHAFTESBURY CRESCENT |
| 23 Jan 2023 | £104,086 | £105,000 | 6 PLAINS ROAD |
| 4 Jan 2023 | £109,042 | £110,000 | 106 PORTLAND ROAD |
| 26 Aug 2022 | £137,074 | £138,000 | 133 DURHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 25 Jan 2014. Using an estimated price of £137,074 means this house is valued at £1,852 per sq meter (£172 per sq foot).
The average size of a house on DURHAM ROAD is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scruton Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scruton Avenue |
| Mar 2024 | Public order | Offender given a caution | On or near Scruton Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Scruton Avenue |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Scruton Avenue |