£66,230
This estimated value is based upon the latest sale price for the house of £50,000 on 31 Oct 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 |
---|---|
£50,000 | 31 Oct 2016 |
£65,000 | 28 Nov 2008 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £50,000 results in an estimated price of approximately £66,230.
31 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £50,000 | £16,230 | £66,230 |
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 | 42.801 % | £21,400 | £71,400 |
3 Month Average | 16.814 % | £8,407 | £58,407 |
6 Month Average | 13.775 % | £6,887 | £56,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £91,603 | £90,000 | 24 SOUTH VIEW |
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 |
22 Aug 2022 | £174,530 | £175,000 | 88 GREENBANK DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 18 Dec 2015. Using an estimated price of £66,230 means this house is valued at £849 per sq meter (£78 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 |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ruislip Road |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ruislip Road |
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 |