£105,457
This estimated value is based upon the latest sale price for the house of £87,950 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£87,950 | 7 Aug 2020 |
Semi-Detached |
Freehold |
Floor Area: 72 sq meters or 775 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 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £87,950 results in an estimated price of approximately £105,457.
7 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £87,950 | £17,507 | £105,457 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -26.196 % | £-23,039 | £64,910 |
3 Month Average | -19.720 % | £-17,343 | £70,606 |
6 Month Average | -5.230 % | £-4,599 | £83,350 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £91,603 | £90,000 | 24 SOUTH VIEW |
29 Sep 2023 | £106,309 | £104,950 | 16 PENNYMORE SQUARE |
18 Sep 2023 | £298,821 | £295,000 | 56 GREENBANK DRIVE |
23 Mar 2023 | £90,856 | £90,000 | 19 SOUTH VIEW |
7 Mar 2023 | £100,951 | £100,000 | 27 SOUTH VIEW |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 11 Oct 2018. Using an estimated price of £105,458 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on ROSEMOUNT is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Rosemount |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pennygate Square |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Pennygate Square |
Feb 2024 | Anti-social behaviour | On or near Pennygate Square | |
Feb 2024 | Anti-social behaviour | On or near Pennygate Square |