£112,744
This estimated value is based upon the latest sale price for the house of £108,000 on 31 Mar 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £108,000 | 31 Mar 2022 |
| £86,500 | 28 Jun 2013 |
| £84,950 | 16 Jun 2006 |
| £27,500 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2022 the House Price Index for TYNE AND WEAR was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £108,000 results in an estimated price of approximately £112,744.
| 31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £108,000 | £4,744 | £112,744 |
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 | 193.627 % | £209,117 | £317,117 |
| 3 Month Average | 6.346 % | £6,854 | £114,854 |
| 6 Month Average | 3.602 % | £3,889 | £111,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £737,328 | £726,000 | ST ANDREWS HOUSE RIVERBANK ROAD |
| 15 Mar 2024 | £71,092 | £70,000 | 40 REDCAR ROAD |
| 27 Oct 2023 | £129,951 | £127,000 | 69 REDCAR ROAD |
| 4 Sep 2023 | £61,352 | £60,000 | 28 RALEIGH ROAD |
| 27 Apr 2023 | £101,906 | £100,000 | 34 RALEIGH ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 31 Aug 2021. Using an estimated price of £112,745 means this house is valued at £1,658 per sq meter (£154 per sq foot).
The average size of a house on RALEIGH ROAD is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raleigh Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Raleigh Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Raleigh Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Reeth Road |