£136,892
This estimated value is based upon the latest sale price for the house of £37,000 on 29 Sep 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£37,000 | 29 Sep 2000 |
Terraced |
Freehold |
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 September 2000 the House Price Index for TYNE AND WEAR was 40.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 269.980%.Applying this 269.980% change to the original purchase price of £37,000 results in an estimated price of approximately £136,892.
29 Sep 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.5 | 149.7 | 269.980 % | £37,000 | £99,892 | £136,892 |
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 | 356.011 % | £131,723 | £168,723 |
3 Month Average | 189.294 % | £70,038 | £107,038 |
6 Month Average | 172.436 % | £63,801 | £100,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £75,000 | £75,000 | 104 ROTHERHAM ROAD |
20 May 2024 | £79,250 | £79,250 | 17 REDHILL ROAD |
14 Aug 2023 | £71,286 | £70,000 | 41 REDHILL ROAD |
9 Jun 2023 | £102,045 | £100,000 | 11 REDRUTH SQUARE |
10 Mar 2023 | £48,307 | £47,500 | 7 RINGWOOD SQUARE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Reading Square |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Reading Square |
Oct 2024 | Anti-social behaviour | On or near Retford Square | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Retford Square |
Aug 2024 | Criminal damage and arson | Under investigation | On or near Retford Square |