£1,471,278
This estimated value is based upon the latest sale price for the house of £245,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £245,000 | 30 Nov 2023 |
| £235,000 | 29 Nov 2016 |
| £190,000 | 24 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,246 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 November 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £245,000 results in an estimated price of approximately £1,471,278.
| 30 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £245,000 | £1,226,278 | £1,471,278 |
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 | 176.523 % | £432,480 | £677,480 |
| 3 Month Average | 9.627 % | £23,585 | £268,585 |
| 6 Month Average | 5.693 % | £13,947 | £258,947 |
This house has a floor area of 115 sq meters or 1,246 sq feet when measured on 16 Mar 2012.
The average size of a house on BAINBRIDGE HOLME ROAD is 151 sq meters (1,635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fairholme Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Audley Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Satley Gardens |
| Feb 2024 | Public order | Under investigation | On or near Tunstall Park |