£173,042
This estimated value is based upon the latest sale price for the house of £160,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £160,000 | 5 Nov 2021 |
| £83,000 | 3 Mar 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £160,000 results in an estimated price of approximately £173,042.
| 5 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £160,000 | £13,042 | £173,042 |
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 | 3.465 % | £5,544 | £165,544 |
| 3 Month Average | -17.201 % | £-27,521 | £132,478 |
| 6 Month Average | -16.042 % | £-25,667 | £134,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £83,733 | £83,000 | 57 RUNNYMEDE ROAD |
| 31 Jul 2023 | £84,132 | £83,000 | 4 RHODESIA ROAD |
| 23 Jun 2023 | £80,981 | £80,000 | 31 RUTHERGLEN ROAD |
| 13 Jun 2023 | £86,042 | £85,000 | 4 RIDDINGS ROAD |
| 7 Jun 2023 | £136,655 | £135,000 | 16 ROCHDALE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Jun 2021. Using an estimated price of £173,042 means this house is valued at £1,517 per sq meter (£141 per sq foot).
The average size of a house on RIDDINGS ROAD is 80 sq meters (865 sq feet).
This house is the largest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Riddings Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Riddings Road |
| Dec 2023 | Anti-social behaviour | On or near Riddings Road | |
| Dec 2023 | Anti-social behaviour | On or near Riddings Road | |
| Dec 2023 | Anti-social behaviour | On or near Riddings Road |