£129,516
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 23 Dec 2021 |
| £75,000 | 12 Jul 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £120,000 results in an estimated price of approximately £129,516.
| 23 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £120,000 | £9,516 | £129,516 |
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 | 47.206 % | £56,647 | £176,647 |
| 3 Month Average | -7.324 % | £-8,788 | £111,211 |
| 6 Month Average | -6.365 % | £-7,638 | £112,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £95,096 | £93,000 | 4 COLERIDGE ROAD |
| 27 Jan 2023 | £89,238 | £89,000 | 11 CRANLEIGH ROAD |
| 3 Aug 2022 | £45,211 | £45,000 | 12 CRANBERRY ROAD |
| 27 Apr 2022 | £114,116 | £110,000 | 5 COWDRAY ROAD |
| 14 Apr 2022 | £82,994 | £80,000 | 11 COLERIDGE ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Jun 2014. Using an estimated price of £129,517 means this house is valued at £1,639 per sq meter (£152 per sq foot).
The average size of a house on COWDRAY ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cowdray Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cowdray Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cowdray Road |
| Oct 2024 | Burglary | Under investigation | On or near Coleridge Road |
| Sep 2024 | Burglary | Under investigation | On or near Coleridge Road |