£943,715
This estimated value is based upon the latest sale price for the house of £154,000 on 27 Sep 2024. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £154,000 | 27 Sep 2024 |
| £97,000 | 6 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 September 2024 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £154,000 results in an estimated price of approximately £943,715.
| 27 Sep 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £154,000 | £789,715 | £943,715 |
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 | 12.882 % | £19,838 | £173,838 |
| 3 Month Average | 2.962 % | £4,560 | £158,560 |
| 6 Month Average | -0.491 % | £-755 | £153,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £305,000 | £305,000 | RIVER NOOK, 21 ALBION STREET |
| 26 Apr 2024 | £166,445 | £165,000 | 11 FAIRMEAD WAY |
| 24 Nov 2023 | £148,777 | £145,000 | 28 CAMBRIA GREEN |
| 3 Nov 2023 | £133,386 | £130,000 | 41 MAYFIELD ROAD |
| 29 Sep 2023 | £122,705 | £120,000 | 26 FAIRMEAD WAY |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 12 Jun 2013.
The average size of a house on MAYFIELD ROAD is 108 sq meters (1,171 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Offerton Close | |
| Sep 2024 | Anti-social behaviour | On or near Offerton Close | |
| Sep 2024 | Anti-social behaviour | On or near Offerton Close | |
| Aug 2024 | Anti-social behaviour | On or near Offerton Close | |
| Aug 2024 | Anti-social behaviour | On or near Offerton Close |