£204,611
This estimated value is based upon the latest sale price for the house of £148,000 on 8 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £148,000 | 8 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £148,000 results in an estimated price of approximately £204,611.
| 8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 149.7 | 38.251 % | £148,000 | £56,611 | £204,611 |
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 | 68.152 % | £100,865 | £248,865 |
| 3 Month Average | 13.787 % | £20,405 | £168,405 |
| 6 Month Average | 3.659 % | £5,415 | £153,415 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £184,688 | £180,000 | 23 HIGHSIDE DRIVE |
| 27 Oct 2023 | £271,159 | £265,000 | 2 FORTROSE AVENUE |
| 22 Sep 2023 | £240,297 | £235,000 | 6 HASLEMERE DRIVE |
| 22 Aug 2023 | £539,684 | £529,950 | CRATHORNE, 17 THOMAS HAWKSLEY PARK |
| 24 Mar 2023 | £183,057 | £180,000 | 1 HANBY GARDENS |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 5 Feb 2016. Using an estimated price of £204,612 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on SEAFORTH ROAD is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Under investigation | On or near Montrose Gardens |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Montrose Gardens |
| May 2024 | Anti-social behaviour | On or near Montrose Gardens | |
| May 2024 | Anti-social behaviour | On or near Montrose Gardens | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Montrose Gardens |