£241,370
This estimated value is based upon the latest sale price for the house of £164,995 on 5 Jun 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £164,995 | 5 Jun 2015 |
| £135,000 | 15 May 2009 |
| £37,500 | 21 Mar 2001 |
| Semi-Detached |
| Freehold |
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 June 2015 the House Price Index for TYNE AND WEAR was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £164,995 results in an estimated price of approximately £241,370.
| 5 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £164,995 | £76,375 | £241,370 |
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 | 38.270 % | £63,143 | £228,138 |
| 3 Month Average | 23.167 % | £38,224 | £203,219 |
| 6 Month Average | 1.434 % | £2,365 | £167,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Dec 2023 | £128,963 | £125,000 | 12 CUMBERLAND ROAD |
| 21 Nov 2023 | £133,386 | £130,000 | 14 NORTH STREET |
| 29 Aug 2023 | £229,082 | £224,950 | 8 ESSEX GROVE |
| 20 Apr 2023 | £86,620 | £85,000 | 9 MARGATE STREET |
| 17 Feb 2023 | £186,244 | £185,000 | 19 DEVON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Jun 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Jun 2024 | Anti-social behaviour | On or near Cumberland Road | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Margate Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Margate Street |