£86,457
This estimated value is based upon the latest sale price for the house of £74,000 on 23 Oct 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 |
|---|---|
| £74,000 | 23 Oct 2020 |
| £77,000 | 13 Apr 2007 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 734 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 October 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £74,000 results in an estimated price of approximately £86,457.
| 23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £74,000 | £12,457 | £86,457 |
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 | -45.860 % | £-33,936 | £40,063 |
| 3 Month Average | 3.709 % | £2,744 | £76,744 |
| 6 Month Average | -8.218 % | £-6,081 | £67,918 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £100,339 | £100,000 | 20 CANTERBURY ROAD |
| 18 Dec 2023 | £91,736 | £90,000 | 74 COTSWOLD ROAD |
| 31 Aug 2023 | £85,470 | £84,950 | 26 CRANLEIGH ROAD |
| 11 Nov 2022 | £83,152 | £84,500 | 46 COVERLEY ROAD |
| 30 Jun 2022 | £65,666 | £65,000 | 25 BADEN CRESCENT |
This house has a floor area of 68 sq meters or 734 sq feet when measured on 13 Feb 2012. Using an estimated price of £86,458 means this house is valued at £1,267 per sq meter (£117 per sq foot).
The average size of a house on COTSWOLD ROAD is 95 sq meters (1,032 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cotswold Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Canterbury Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Canterbury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Road |