£72,222
This estimated value is based upon the latest sale price for the house of £65,000 on 20 Aug 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 |
---|---|
£65,000 | 20 Aug 2021 |
Semi-Detached |
Freehold |
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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £65,000 results in an estimated price of approximately £72,222.
20 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.0 | 11.111 % | £65,000 | £7,222 | £72,222 |
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 | 9.592 % | £6,234 | £71,234 |
3 Month Average | -0.851 % | £-552 | £64,447 |
6 Month Average | -4.383 % | £-2,849 | £62,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £145,000 | £145,000 | 1 LAUNCESTON DRIVE |
24 Nov 2023 | £116,496 | £115,000 | 260 ALLENDALE ROAD |
15 Nov 2023 | £93,196 | £92,000 | 65 AVONMOUTH ROAD |
13 Nov 2023 | £96,235 | £95,000 | 47 ALDWYCH SQUARE |
4 Aug 2023 | £71,434 | £71,000 | 248 ALLENDALE ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Aldwych Road | |
Feb 2024 | Anti-social behaviour | On or near Aldwych Road | |
Feb 2024 | Anti-social behaviour | On or near Aldwych Road | |
Jan 2024 | Criminal damage and arson | Under investigation | On or near Aldwych Road |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aldwych Square |