£279,999
This estimated value is based upon the latest sale price for the house of £49,250 on 22 Mar 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £49,250 | 22 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 1996 the House Price Index for TYNE AND WEAR was 26.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 468.526%.Applying this 468.526% change to the original purchase price of £49,250 results in an estimated price of approximately £279,999.
| 22 Mar 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.3 | 149.7 | 468.526 % | £49,250 | £230,749 | £279,999 |
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 | 184.234 % | £90,735 | £139,985 |
| 3 Month Average | 190.790 % | £93,964 | £143,214 |
| 6 Month Average | 157.988 % | £77,808 | £127,058 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2024 | £156,307 | £154,950 | 7 SCARBOROUGH ROAD |
| 15 Dec 2023 | £134,070 | £129,950 | 57 SCARBOROUGH ROAD |
| 12 Jun 2023 | £163,272 | £160,000 | 74 SKI VIEW |
| 16 Jan 2023 | £255,683 | £255,000 | 57 SKI VIEW |
| 13 Apr 2022 | £176,362 | £170,000 | 55 VICARAGE CLOSE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 19 Aug 2015. Using an estimated price of £279,999 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on SOUTHWOLD GARDENS is 71 sq meters (771 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Symington Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Symington Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavalier Way |
| Jun 2024 | Other crime | Under investigation | On or near Cavalier Way |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cavalier Way |