£71,454
This estimated value is based upon the latest sale price for the house of £57,250 on 20 Mar 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 |
|---|---|
| £57,250 | 20 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £57,250 results in an estimated price of approximately £71,454.
| 20 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £57,250 | £14,204 | £71,454 |
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 | 8.396 % | £4,806 | £62,056 |
| 3 Month Average | 19.288 % | £11,042 | £68,292 |
| 6 Month Average | 10.781 % | £6,172 | £63,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £130,978 | £128,500 | 33 THISTLE ROAD |
| 13 Jul 2023 | £131,241 | £130,000 | 9 THISTLE ROAD |
| 22 Jun 2023 | £47,384 | £47,000 | 10 TOWNSEND SQUARE |
| 10 Mar 2023 | £95,516 | £95,000 | 107 THISTLE ROAD |
| 1 Mar 2023 | £70,380 | £70,000 | 12 THISTLE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 6 Feb 2015. Using an estimated price of £71,454 means this house is valued at £811 per sq meter (£75 per sq foot).
The average size of a house on THISTLE ROAD is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Investigation complete; no suspect identified | On or near Thistle Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Thorney Close Road |
| Apr 2024 | Other crime | Under investigation | On or near Thorney Close Road |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Thorney Close Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thorney Close Road |