£122,482
This estimated value is based upon the latest sale price for the house of £41,000 on 29 Apr 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £41,000 | 29 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 April 2002 the House Price Index for TYNE AND WEAR was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £41,000 results in an estimated price of approximately £122,482.
| 29 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £41,000 | £81,482 | £122,482 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 154.003 % | £63,141 | £104,141 |
| 3 Month Average | 114.481 % | £46,937 | £87,937 |
| 6 Month Average | 119.820 % | £49,126 | £90,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £91,352 | £90,000 | 7 ERITH TERRACE |
| 29 Sep 2023 | £87,367 | £86,250 | 21 ERITH TERRACE |
| 15 Sep 2023 | £135,229 | £133,500 | 11 BROOKLAND ROAD |
| 25 Aug 2023 | £95,838 | £95,000 | 29 WESTWOOD STREET |
| 25 Aug 2023 | £102,900 | £102,000 | 20 ERITH TERRACE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 27 Jul 2012. Using an estimated price of £122,483 means this house is valued at £1,200 per sq meter (£111 per sq foot).
The average size of a house on HENDERSON ROAD is 97 sq meters (1,048 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Swaledale Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Erith Terrace |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Erith Terrace |
| Mar 2024 | Other crime | Under investigation | On or near Dilston Gardens |