£68,614
This estimated value is based upon the latest sale price for the house of £17,360 on 7 Feb 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 |
|---|---|
| £17,360 | 7 Feb 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 February 2000 the House Price Index for TYNE AND WEAR was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £17,360 results in an estimated price of approximately £68,614.
| 7 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 149.7 | 295.245 % | £17,360 | £51,254 | £68,614 |
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 | 339.643 % | £58,961 | £76,321 |
| 3 Month Average | 222.488 % | £38,623 | £55,983 |
| 6 Month Average | 164.117 % | £28,490 | £45,850 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £71,500 | £71,500 | 4 PREMIER ROAD |
| 19 Mar 2024 | £80,741 | £79,500 | 7 POLWORTH SQUARE |
| 15 Mar 2024 | £105,623 | £104,000 | 14 POWIS ROAD |
| 19 Dec 2023 | £90,274 | £87,500 | 1 PAISLEY SQUARE |
| 17 Nov 2023 | £97,474 | £95,000 | 44 PREMIER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Polmuir Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Polmuir Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Polmuir Road |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Powis Road |
| Oct 2024 | Other theft | Under investigation | On or near Powis Road |