£209,100
This estimated value is based upon the latest sale price for the house of £169,950 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £169,950 | 31 Jan 2019 |
| £145,000 | 12 Apr 2007 |
| £55,950 | 1 Sep 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 January 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £169,950 results in an estimated price of approximately £209,100.
| 31 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.037 % | £169,950 | £39,150 | £209,100 |
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 | -7.715 % | £-13,112 | £156,837 |
| 3 Month Average | 22.644 % | £38,483 | £208,433 |
| 6 Month Average | 15.288 % | £25,982 | £195,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £119,435 | £120,000 | 25 CASPIAN ROAD |
| 10 Jun 2022 | £123,249 | £122,000 | 57 CASPIAN ROAD |
| 29 Apr 2022 | £118,974 | £116,000 | 20 COLOMBO ROAD |
| 27 Apr 2022 | £194,872 | £190,000 | 25 MACMERRY CLOSE |
| 19 Nov 2021 | £253,130 | £235,000 | 5 MACMERRY CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Aug 2018. Using an estimated price of £209,101 means this house is valued at £2,680 per sq meter (£249 per sq foot).
The average size of a house on TOLLERTON DRIVE is 97 sq meters (1,049 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |
| Jan 2024 | Other crime | Under investigation | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Macmerry Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Macmerry Close |