£164,567
This estimated value is based upon the latest sale price for the house of £71,000 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£71,000 | 15 Aug 2003 |
£45,000 | 13 Mar 2002 |
£41,000 | 2 Oct 1998 |
£38,000 | 25 Oct 1996 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 869 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 August 2003 the House Price Index for TYNE AND WEAR was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £71,000 results in an estimated price of approximately £164,567.
15 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.6 | 149.7 | 131.786 % | £71,000 | £93,567 | £164,567 |
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 | 83.898 % | £59,567 | £130,567 |
3 Month Average | 58.925 % | £41,836 | £112,836 |
6 Month Average | 56.227 % | £39,921 | £110,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £61,902 | £60,000 | 1 ROBERT STREET |
15 Nov 2023 | £105,683 | £103,000 | 12 PEMBROKE AVENUE |
25 Aug 2023 | £112,020 | £110,000 | 73 CAMBRIDGE ROAD |
21 Aug 2023 | £111,969 | £109,950 | 23 LORD STREET |
8 Aug 2023 | £90,126 | £88,500 | 33 ROBERT STREET |
This house has a floor area of 80 sq meters or 869 sq feet when measured on 24 Feb 2010. Using an estimated price of £164,568 means this house is valued at £2,037 per sq meter (£189 per sq foot).
The average size of a house on PEMBROKE AVENUE is 93 sq meters (1,003 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Pembroke Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Surrey Avenue |
May 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Surrey Avenue |