£88,888
This estimated value is based upon the latest sale price for the house of £80,000 on 16 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 |
|---|---|
| £80,000 | 16 Aug 2021 |
| £55,000 | 2 Sep 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 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 £80,000 results in an estimated price of approximately £88,888.
| 16 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £80,000 | £8,888 | £88,888 |
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 | -34.184 % | £-27,346 | £52,653 |
| 3 Month Average | -5.191 % | £-4,152 | £75,847 |
| 6 Month Average | 0.624 % | £499 | £80,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 18 Mar 2022 | £134,170 | £130,000 | 39 COVERLEY ROAD |
| 1 Nov 2021 | £76,477 | £71,000 | 27 WASHINGTON ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 25 Jul 2014. Using an estimated price of £88,889 means this house is valued at £897 per sq meter (£83 per sq foot).
The average size of a house on COVERLEY ROAD is 83 sq meters (899 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cotswold Road |
| Apr 2024 | Anti-social behaviour | On or near Coverley Road |