£87,941
This estimated value is based upon the latest sale price for the house of £88,000 on 7 Sep 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £88,000 | 7 Sep 2022 |
| £84,950 | 5 Jun 2015 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 September 2022 the House Price Index for TYNE AND WEAR was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £88,000 results in an estimated price of approximately £87,941.
| 7 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £88,000 | £-58 | £87,941 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 32.630 % | £28,714 | £116,714 |
| 3 Month Average | 12.354 % | £10,871 | £98,871 |
| 6 Month Average | 7.099 % | £6,246 | £94,246 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £82,551 | £82,000 | 56 FRIAR ROAD |
| 15 Feb 2023 | £105,706 | £105,000 | 4 HAYDON SQUARE |
| 7 Sep 2022 | £87,941 | £88,000 | 46 FRONT ROAD |
| 1 Sep 2022 | £94,937 | £95,000 | 433 HYLTON ROAD |
| 25 Feb 2022 | £137,339 | £130,000 | 73 FOREST ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 8 Sep 2014. Using an estimated price of £87,941 means this house is valued at £935 per sq meter (£86 per sq foot).
The average size of a house on FRONT ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Priestman Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Priestman Court |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Priestman Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Priestman Court |
| May 2024 | Violence and sexual offences | Under investigation | On or near Priestman Court |