£326,454
This estimated value is based upon the latest sale price for the house of £192,500 on 18 Jun 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 |
|---|---|
| £192,500 | 18 Jun 2010 |
| £200,000 | 30 Jan 2004 |
| £90,000 | 30 Nov 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 873 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 June 2010 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £192,500 results in an estimated price of approximately £326,454.
| 18 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.587 % | £192,500 | £133,954 | £326,454 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 8.986 % | £17,297 | £209,797 |
| 3 Month Average | 14.649 % | £28,199 | £220,699 |
| 6 Month Average | 25.874 % | £49,808 | £242,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £251,399 | £247,000 | 9 RIDGEWAY |
| 22 Aug 2023 | £283,587 | £281,106 | 5 WOODBURN AVENUE |
| 31 May 2022 | £264,993 | £260,000 | 22 WOODBURN AVENUE |
| 30 Sep 2021 | £306,360 | £284,300 | 5 REDEWATER ROAD |
| 21 Sep 2021 | £226,294 | £210,000 | 6 LINDALE ROAD |
This house has a floor area of 81 sq meters or 873 sq feet when measured on 8 Jun 2009. Using an estimated price of £326,455 means this house is valued at £4,024 per sq meter (£373 per sq foot).
The average size of a house on FRIARSIDE ROAD is 135 sq meters (1,455 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Friarside Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Friarside Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Friarside Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Friarside Road |
| Dec 2023 | Anti-social behaviour | On or near Friarside Road |