£115,620
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Dec 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Dec 2020 |
| £65,000 | 19 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 698 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £100,000 results in an estimated price of approximately £115,620.
| 11 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £100,000 | £15,620 | £115,620 |
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 | 17.715 % | £17,715 | £117,715 |
| 3 Month Average | 13.597 % | £13,596 | £113,596 |
| 6 Month Average | -2.556 % | £-2,556 | £97,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £100,075 | £97,000 | 14 ALDERSHOT ROAD |
| 24 Nov 2023 | £117,995 | £115,000 | 260 ALLENDALE ROAD |
| 13 Nov 2023 | £97,474 | £95,000 | 47 ALDWYCH SQUARE |
| 27 Oct 2023 | £73,673 | £72,000 | 17 ALDERSHOT ROAD |
| 4 Aug 2023 | £72,304 | £71,000 | 248 ALLENDALE ROAD |
This house has a floor area of 64 sq meters or 698 sq feet when measured on 13 Dec 2010. Using an estimated price of £115,621 means this house is valued at £1,781 per sq meter (£165 per sq foot).
The average size of a house on ALDERSHOT ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Aldershot Road |