£117,792
This estimated value is based upon the latest sale price for the house of £103,000 on 4 Feb 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 |
---|---|
£103,000 | 4 Feb 2021 |
£85,000 | 13 Apr 2015 |
£33,000 | 6 Sep 2002 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 February 2021 the House Price Index for TYNE AND WEAR was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £103,000 results in an estimated price of approximately £117,792.
4 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.9 | 149.7 | 14.362 % | £103,000 | £14,792 | £117,792 |
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 | 124.659 % | £128,398 | £231,398 |
3 Month Average | 13.562 % | £13,968 | £116,968 |
6 Month Average | 12.980 % | £13,369 | £116,369 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £70,000 | £70,000 | 49 PITCAIRN ROAD |
2 May 2024 | £105,000 | £105,000 | 514 HYLTON ROAD |
25 Aug 2023 | £96,745 | £95,000 | 538 ST LUKES ROAD |
24 Jun 2022 | £61,311 | £60,000 | 71 PADGATE ROAD |
31 Mar 2022 | £88,734 | £85,000 | 1 PETERSHAM ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Nov 2014. Using an estimated price of £117,793 means this house is valued at £1,280 per sq meter (£118 per sq foot).
The average size of a house on HYLTON ROAD is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Pitcairn Road |
Sep 2024 | Other theft | Under investigation | On or near Pitcairn Road |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Pitcairn Road |
Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Pitcairn Road |
Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Pitcairn Road |