£72,248
This estimated value is based upon the latest sale price for the house of £51,500 on 3 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £51,500 | 3 Nov 2015 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 650 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 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £51,500 results in an estimated price of approximately £72,248.
| 3 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 149.7 | 40.289 % | £51,500 | £20,748 | £72,248 |
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 | 17.978 % | £9,258 | £60,758 |
| 3 Month Average | 17.783 % | £9,158 | £60,658 |
| 6 Month Average | 3.581 % | £1,844 | £53,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £80,701 | £80,000 | 15 TYLDESLEY SQUARE |
| 10 Apr 2024 | £79,460 | £78,770 | 3 TENBY ROAD |
| 29 Sep 2023 | £122,700 | £119,995 | 5 TAY ROAD |
| 21 Aug 2023 | £122,204 | £120,000 | 35 TADCASTER ROAD |
| 10 Mar 2023 | £96,613 | £95,000 | 107 THISTLE ROAD |
This house has a floor area of 60 sq meters or 650 sq feet when measured on 6 May 2011. Using an estimated price of £72,249 means this house is valued at £1,196 per sq meter (£111 per sq foot).
The average size of a house on TILBURY ROAD is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Thorne Square | |
| May 2024 | Anti-social behaviour | On or near Thorne Square | |
| May 2024 | Anti-social behaviour | On or near Thorne Square | |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Thorne Square |
| Jul 2024 | Anti-social behaviour | On or near Thorne Road |