£294,420
This estimated value is based upon the latest sale price for the house of £206,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £206,000 | 7 Aug 2015 |
| £150,000 | 1 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £206,000 results in an estimated price of approximately £294,420.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £206,000 | £88,420 | £294,420 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 31.523 % | £64,936 | £270,936 |
| 3 Month Average | 7.934 % | £16,344 | £222,344 |
| 6 Month Average | 11.366 % | £23,413 | £229,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £354,482 | £349,950 | 6 ROCKVILLE |
| 23 Jun 2023 | £182,207 | £180,000 | 1 GLOUCESTER AVENUE |
| 2 Jun 2023 | £263,137 | £259,950 | 167 SEA ROAD |
| 17 Aug 2022 | £216,417 | £217,000 | 24 DANVILLE ROAD |
| 1 Aug 2022 | £256,310 | £257,000 | 34 DANVILLE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 12 May 2015. Using an estimated price of £294,421 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on ROCKVILLE is 98 sq meters (1,061 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Robbery | Awaiting court outcome | On or near Ashleigh Grove |
| Dec 2023 | Anti-social behaviour | On or near Ashleigh Grove | |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashleigh Grove |
| Dec 2023 | Anti-social behaviour | On or near Ashleigh Grove | |
| Dec 2023 | Anti-social behaviour | On or near Ashleigh Grove |