£229,326
This estimated value is based upon the latest sale price for the house of £183,000 on 22 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,000 | 22 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 June 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £183,000 results in an estimated price of approximately £229,326.
| 22 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £183,000 | £46,326 | £229,326 |
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 | -13.471 % | £-24,651 | £158,348 |
| 3 Month Average | -11.045 % | £-20,211 | £162,788 |
| 6 Month Average | 14.801 % | £27,086 | £210,086 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £272,365 | £270,000 | 28 ALSTON CRESCENT |
| 3 Nov 2023 | £241,069 | £234,950 | 47 CONISTON AVENUE |
| 24 Oct 2023 | £214,829 | £209,950 | 48 ALSTON CRESCENT |
| 8 Sep 2023 | £262,793 | £257,000 | 4 CONISTON AVENUE |
| 27 Jun 2022 | £229,915 | £225,000 | 46 CONISTON AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Jan 2018. Using an estimated price of £229,327 means this house is valued at £2,364 per sq meter (£219 per sq foot).
The average size of a house on CAIRNS ROAD is 114 sq meters (1,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coniston Avenue |
| May 2024 | Bicycle theft | Under investigation | On or near Seaburn |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Seaburn |
| Jul 2024 | Vehicle crime | On or near Seaburn (Metro Station) | |
| May 2024 | Criminal damage and arson | On or near Seaburn (Metro Station) |