£136,568
This estimated value is based upon the latest sale price for the house of £86,000 on 30 Jul 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,000 | 30 Jul 2007 |
| £73,000 | 10 Feb 2006 |
| 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 July 2007 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £86,000 results in an estimated price of approximately £136,568.
| 30 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £86,000 | £50,568 | £136,568 |
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 | 13.974 % | £12,017 | £98,017 |
| 3 Month Average | 15.459 % | £13,294 | £99,294 |
| 6 Month Average | 5.972 % | £5,136 | £91,136 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £100,039 | £97,500 | 7 GRINDON LANE |
| 3 Oct 2023 | £110,510 | £108,000 | 1 SHAFTOE SQUARE |
| 28 Jun 2023 | £121,434 | £119,000 | 20 STRATHMORE ROAD |
| 26 Apr 2023 | £75,410 | £74,000 | 100 PRIMATE ROAD |
| 24 Mar 2023 | £139,327 | £137,000 | 8 SHAFTOE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Tunis Road |
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Tunis Road |
| May 2024 | Other theft | Under investigation | On or near Thackeray Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thackeray Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Strathmore Road |