£63,484
This estimated value is based upon the latest sale price for the house of £40,000 on 20 Mar 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £40,000 | 20 Mar 2008 |
| £19,000 | 9 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 March 2008 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 58.712%.Applying this 58.712% change to the original purchase price of £40,000 results in an estimated price of approximately £63,484.
| 20 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.712 % | £40,000 | £23,484 | £63,484 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -22.805 % | £-9,121 | £30,878 |
| 3 Month Average | -0.828 % | £-331 | £39,668 |
| 6 Month Average | 4.068 % | £1,627 | £41,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £116,794 | £115,000 | 22 JENNIFER AVENUE |
| 1 Mar 2024 | £84,803 | £83,500 | 20 LANSBURY WAY |
| 1 Dec 2023 | £82,536 | £80,000 | 49 ETHEL TERRACE |
| 29 Mar 2023 | £61,019 | £60,000 | 19 ETHEL TERRACE |
| 10 Mar 2023 | £72,206 | £71,000 | 27 OSWALD TERRACE SOUTH |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 27 May 2015. Using an estimated price of £63,485 means this house is valued at £1,476 per sq meter (£137 per sq foot).
The average size of a house on OSWALD TERRACE SOUTH is 89 sq meters (963 sq feet).
This house is the smallest in the street with a floor area of 43 sq meters (462 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Calshot Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Jennifer Avenue |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Jennifer Avenue |
| Jul 2024 | Public order | Under investigation | On or near Bodiam Road |
| Jul 2024 | Public order | Under investigation | On or near Bodiam Road |