£119,051
This estimated value is based upon the latest sale price for the house of £97,000 on 17 Oct 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£97,000 | 17 Oct 2018 |
£123,000 | 21 Jan 2008 |
£104,500 | 25 Aug 2005 |
£94,950 | 27 Aug 2004 |
£32,000 | 22 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 October 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.733%.Applying this 22.733% change to the original purchase price of £97,000 results in an estimated price of approximately £119,051.
17 Oct 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.0 | 22.733 % | £97,000 | £22,051 | £119,051 |
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 | 21.055 % | £20,423 | £117,423 |
3 Month Average | 17.414 % | £16,891 | £113,891 |
6 Month Average | 13.555 % | £13,148 | £110,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Jun 2023 | £140,136 | £139,000 | 85 SPRINGWELL ROAD |
2 Mar 2023 | £82,446 | £82,000 | 37 SIMONSIDE ROAD |
27 Jan 2023 | £104,086 | £105,000 | 3 SEATON ROAD |
12 Jan 2023 | £165,546 | £167,000 | 14 SPRINGBANK ROAD |
1 Jun 2022 | £126,280 | £125,000 | 23 SOMERSET SQUARE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 18 Dec 2017. Using an estimated price of £119,051 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on SELKIRK SQUARE is 128 sq meters (1,381 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Selkirk Square |
Mar 2024 | Anti-social behaviour | On or near Selkirk Square | |
Mar 2024 | Anti-social behaviour | On or near Selkirk Square | |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Selkirk Square |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Selkirk Square |