£345,139
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Nov 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £135,000 | 1 Nov 2002 |
| £96,000 | 31 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 November 2002 the House Price Index for TYNE AND WEAR was 57.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 155.659%.Applying this 155.659% change to the original purchase price of £135,000 results in an estimated price of approximately £345,139.
| 1 Nov 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.0 | 155.659 % | £135,000 | £210,139 | £345,139 |
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 | 84.482 % | £114,051 | £249,051 |
| 3 Month Average | 116.941 % | £157,869 | £292,869 |
| 6 Month Average | 113.763 % | £153,580 | £288,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2023 | £347,583 | £345,000 | 21 BECKWITH ROAD |
| 20 Jan 2023 | £193,302 | £195,000 | 45 FARRINGTON AVENUE |
| 29 Jul 2022 | £276,626 | £277,000 | 6 BECKWITH ROAD |
| 25 Jul 2022 | £299,594 | £299,999 | 36 DURHAM ROAD |
| 10 Jun 2022 | £259,631 | £257,000 | 57 DURHAM ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 19 Oct 2016. Using an estimated price of £345,139 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on FARRINGTON AVENUE is 110 sq meters (1,190 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Farrington Avenue |
| Mar 2024 | Vehicle crime | Under investigation | On or near Farrington Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bridle Path |
| Apr 2024 | Anti-social behaviour | On or near Bridle Path | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bridle Path |