£119,697
This estimated value is based upon the latest sale price for the house of £70,000 on 27 Apr 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 27 Apr 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 717 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 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.996%.Applying this 70.996% change to the original purchase price of £70,000 results in an estimated price of approximately £119,697.
| 27 Apr 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 70.996 % | £70,000 | £49,697 | £119,697 |
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 | 18.394 % | £12,876 | £82,876 |
| 3 Month Average | 23.708 % | £16,595 | £86,595 |
| 6 Month Average | 14.741 % | £10,318 | £80,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £75,000 | £75,000 | 25 RIDDINGS ROAD |
| 27 Nov 2023 | £101,322 | £98,750 | 4 RINGWOOD ROAD |
| 4 Aug 2023 | £84,524 | £83,000 | 57 RUNNYMEDE ROAD |
| 13 Jun 2023 | £86,738 | £85,000 | 4 RIDDINGS ROAD |
| 7 Jun 2023 | £137,761 | £135,000 | 16 ROCHDALE ROAD |
This house has a floor area of 66 sq meters or 717 sq feet when measured on 6 Jul 2009. Using an estimated price of £119,697 means this house is valued at £1,794 per sq meter (£166 per sq foot).
The average size of a house on ROCHDALE ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rothbury Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Rothbury Road |
| Aug 2024 | Anti-social behaviour | On or near Runnymede Way | |
| Aug 2024 | Anti-social behaviour | On or near Runnymede Way | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Runnymede Way |