£125,035
This estimated value is based upon the latest sale price for the house of £31,000 on 26 Nov 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £31,000 | 26 Nov 1999 |
| £28,000 | 30 Sep 1996 |
| £27,500 | 2 Jun 1995 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 November 1999 the House Price Index for TYNE AND WEAR was 36.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 303.340%.Applying this 303.340% change to the original purchase price of £31,000 results in an estimated price of approximately £125,035.
| 26 Nov 1999 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 146.7 | 303.340 % | £31,000 | £94,035 | £125,035 |
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 | 261.627 % | £81,104 | £112,104 |
| 3 Month Average | 179.998 % | £55,799 | £86,799 |
| 6 Month Average | 159.032 % | £49,299 | £80,299 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £83,733 | £83,000 | 57 RUNNYMEDE ROAD |
| 13 Jun 2023 | £86,042 | £85,000 | 4 RIDDINGS ROAD |
| 17 Feb 2023 | £154,896 | £155,000 | 1 RIDDINGS ROAD |
| 25 Nov 2022 | £122,022 | £123,500 | 20 ROSEMARY ROAD |
| 30 Jun 2022 | £73,032 | £72,000 | 65 ROCHDALE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Jul 2013. Using an estimated price of £126,655 means this house is valued at £2,146 per sq meter (£199 per sq foot).
The average size of a house on ROCHDALE ROAD is 82 sq meters (883 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Rothbury Road |
| Mar 2024 | Anti-social behaviour | On or near Runnymede Way | |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Runnymede Way |
| Jan 2024 | Other theft | Under investigation | On or near Rochdale Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Runnymede Road |