£152,245
This estimated value is based upon the latest sale price for the house of £145,250 on 10 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Hill Street
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| Price Paid | Date |
|---|---|
| £145,250 | 10 Jan 2022 |
| £110,000 | 5 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £145,250 results in an estimated price of approximately £152,245.
| 10 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £145,250 | £6,995 | £152,245 |
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 | -20.250 % | £-29,412 | £115,837 |
| 3 Month Average | -9.497 % | £-13,794 | £131,455 |
| 6 Month Average | -7.624 % | £-11,073 | £134,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £73,388 | £72,000 | 3 HILL STREET |
| 15 Nov 2023 | £104,339 | £103,000 | 12 PEMBROKE AVENUE |
| 27 Jun 2023 | £186,512 | £185,000 | 8 ST MATTHEWS VIEW |
| 3 Aug 2022 | £104,792 | £105,500 | 10 MARIA STREET |
| 29 Jul 2022 | £112,348 | £112,500 | 8 SILKSWORTH TERRACE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 6 Jun 2013. Using an estimated price of £152,245 means this house is valued at £1,977 per sq meter (£183 per sq foot).
The average size of a house on CAMBRIDGE ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Hill Street |
| Mar 2024 | Burglary | Under investigation | On or near Hill Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cambridge Road |
| Feb 2024 | Other crime | Under investigation | On or near Cambridge Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cambridge Road |