£140,369
This estimated value is based upon the latest sale price for the house of £110,000 on 16 Jun 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 |
---|---|
£110,000 | 16 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 48 sq meters or 516 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 June 2017 the House Price Index for TYNE AND WEAR was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £110,000 results in an estimated price of approximately £140,369.
16 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.0 | 27.608 % | £110,000 | £30,369 | £140,369 |
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 | 42.208 % | £46,428 | £156,428 |
3 Month Average | 22.496 % | £24,745 | £134,745 |
6 Month Average | 19.028 % | £20,931 | £130,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £132,456 | £129,950 | 57 SCARBOROUGH ROAD |
29 Nov 2023 | £232,991 | £230,000 | 56 VICARAGE CLOSE |
30 Aug 2023 | £176,071 | £175,000 | 33 VICARAGE CLOSE |
24 Jul 2023 | £154,461 | £153,000 | 61 SCARBOROUGH ROAD |
12 Jun 2023 | £161,308 | £160,000 | 74 SKI VIEW |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 6 Feb 2017. Using an estimated price of £140,369 means this house is valued at £2,924 per sq meter (£271 per sq foot).
The average size of a house on SOUTHWOLD GARDENS is 71 sq meters (771 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cavalier Way |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cavalier Way |
Feb 2024 | Public order | Under investigation | On or near Cavalier Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cavalier Way |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandown Gardens |