£107,480
This estimated value is based upon the latest sale price for the house of £90,000 on 14 Aug 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 14 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £90,000 results in an estimated price of approximately £107,480.
| 14 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £90,000 | £17,480 | £107,480 |
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 | 24.563 % | £22,107 | £112,107 |
| 3 Month Average | 2.854 % | £2,568 | £92,568 |
| 6 Month Average | 4.725 % | £4,252 | £94,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £115,390 | £115,000 | 48 TORQUAY ROAD |
| 25 Aug 2023 | £100,612 | £100,000 | 27 TAUNTON ROAD |
| 2 Aug 2023 | £85,520 | £85,000 | 53 TORONTO ROAD |
| 28 Apr 2023 | £73,547 | £73,000 | 48 TUNBRIDGE ROAD |
| 31 Mar 2023 | £87,473 | £87,000 | 17 TANFIELD ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 Jul 2020. Using an estimated price of £107,480 means this house is valued at £910 per sq meter (£84 per sq foot).
The average size of a house on TORQUAY ROAD is 121 sq meters (1,306 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tunbridge Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Torquay Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Torquay Road |
| Mar 2024 | Public order | Under investigation | On or near Torquay Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Torquay Road |