£104,447
This estimated value is based upon the latest sale price for the house of £60,000 on 5 Jul 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 5 Jul 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 733 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 July 2011 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £60,000 results in an estimated price of approximately £104,447.
| 5 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £60,000 | £44,447 | £104,447 |
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 | 77.266 % | £46,359 | £106,359 |
| 3 Month Average | 43.509 % | £26,105 | £86,105 |
| 6 Month Average | 33.890 % | £20,334 | £80,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Oct 2024 | £101,000 | £101,000 | 11 SIMONSIDE ROAD |
| 15 Mar 2024 | £91,404 | £90,000 | 43 SWINDON ROAD |
| 29 Sep 2023 | £122,705 | £120,000 | 12 SPRINGBANK SQUARE |
| 19 Jun 2023 | £141,843 | £139,000 | 85 SPRINGWELL ROAD |
| 27 Jan 2023 | £105,281 | £105,000 | 3 SEATON ROAD |
This house has a floor area of 68 sq meters or 733 sq feet when measured on 11 Jun 2010. Using an estimated price of £104,448 means this house is valued at £1,532 per sq meter (£142 per sq foot).
The average size of a house on SWINDON ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Swindon Road | |
| Sep 2024 | Anti-social behaviour | On or near Swindon Road | |
| Oct 2024 | Shoplifting | Under investigation | On or near Seaton Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seaton Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Seaton Road |