£87,976
This estimated value is based upon the latest sale price for the house of £69,200 on 27 Oct 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,200 | 27 Oct 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 717 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 2017 the House Price Index for TYNE AND WEAR was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £69,200 results in an estimated price of approximately £87,976.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £69,200 | £18,776 | £87,976 |
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 | 34.195 % | £23,662 | £92,862 |
| 3 Month Average | 23.012 % | £15,924 | £85,124 |
| 6 Month Average | 20.290 % | £14,040 | £83,240 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £177,020 | £173,000 | 61 FARRINGTON AVENUE |
| 15 Sep 2023 | £184,057 | £180,000 | 33 FARRINGTON AVENUE |
| 28 Apr 2023 | £85,601 | £84,000 | 33 ANDREW ROAD |
| 20 Jan 2023 | £195,522 | £195,000 | 45 FARRINGTON AVENUE |
| 25 Jul 2022 | £303,035 | £299,999 | 36 DURHAM ROAD |
This house has a floor area of 66 sq meters or 717 sq feet when measured on 26 Mar 2012. Using an estimated price of £87,977 means this house is valued at £1,319 per sq meter (£122 per sq foot).
The average size of a house on ATLANTIS ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Atlantis Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Atlantis Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Atlantis Road |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Antwerp Road |
| Sep 2024 | Anti-social behaviour | On or near Algiers Road |