£111,885
This estimated value is based upon the latest sale price for the house of £89,000 on 6 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £89,000 | 6 Dec 2017 |
| £18,200 | 17 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £89,000 results in an estimated price of approximately £111,885.
| 6 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £89,000 | £22,885 | £111,885 |
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 | 48.023 % | £42,740 | £131,740 |
| 3 Month Average | -7.218 % | £-6,423 | £82,576 |
| 6 Month Average | -8.561 % | £-7,619 | £81,380 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £75,971 | £75,000 | 50 RENFREW ROAD |
| 4 Aug 2023 | £83,733 | £83,000 | 57 RUNNYMEDE ROAD |
| 31 Jul 2023 | £84,132 | £83,000 | 4 RHODESIA ROAD |
| 7 Jun 2023 | £136,655 | £135,000 | 16 ROCHDALE ROAD |
| 10 Mar 2023 | £95,904 | £95,000 | 67 RENFREW ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 30 Nov 2017. Using an estimated price of £111,886 means this house is valued at £1,575 per sq meter (£146 per sq foot).
The average size of a house on RUNNYMEDE ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Runnymede Way | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Runnymede Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Road |