£86,561
This estimated value is based upon the latest sale price for the house of £85,000 on 2 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 2 Aug 2023 |
| £85,000 | 20 Aug 2021 |
| £69,000 | 5 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 923 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 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £85,000 results in an estimated price of approximately £86,561.
| 2 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £85,000 | £1,561 | £86,561 |
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 | 12.500 % | £10,625 | £95,625 |
| 3 Month Average | 6.228 % | £5,293 | £90,293 |
| 6 Month Average | 2.202 % | £1,871 | £86,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £116,794 | £115,000 | 48 TORQUAY ROAD |
| 8 Sep 2023 | £117,592 | £115,000 | 28 TAUNTON SQUARE |
| 25 Aug 2023 | £101,837 | £100,000 | 27 TAUNTON ROAD |
| 2 Aug 2023 | £86,561 | £85,000 | 53 TORONTO ROAD |
| 28 Apr 2023 | £74,391 | £73,000 | 48 TUNBRIDGE ROAD |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 4 Aug 2011. Using an estimated price of £86,561 means this house is valued at £1,008 per sq meter (£93 per sq foot).
The average size of a house on TORONTO ROAD is 94 sq meters (1,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Toronto Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Toronto Road |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Toronto Square |
| Jul 2024 | Public order | Under investigation | On or near Taunton Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Taunton Road |