£85,540
This estimated value is based upon the latest sale price for the house of £70,000 on 9 Sep 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £70,000 | 9 Sep 2019 |
| £62,000 | 6 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 September 2019 the House Price Index for TYNE AND WEAR was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £70,000 results in an estimated price of approximately £85,540.
| 9 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £70,000 | £15,540 | £85,540 |
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 | 32.378 % | £22,664 | £92,664 |
| 3 Month Average | 2.085 % | £1,459 | £71,459 |
| 6 Month Average | -0.473 % | £-331 | £69,668 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £85,520 | £85,000 | 53 TORONTO ROAD |
| 28 Apr 2023 | £73,547 | £73,000 | 48 TUNBRIDGE ROAD |
| 24 Mar 2023 | £137,745 | £137,000 | 8 SHAFTOE ROAD |
| 27 Feb 2023 | £114,459 | £115,000 | 12 TORONTO SQUARE |
| 20 Jul 2022 | £110,850 | £111,000 | 7 SHAFTOE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 May 2015. Using an estimated price of £85,541 means this house is valued at £1,357 per sq meter (£126 per sq foot).
The average size of a house on TELFORD ROAD is 97 sq meters (1,052 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Toronto Square |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Toronto Square |
| Mar 2024 | Anti-social behaviour | On or near Silloth Road | |
| Mar 2024 | Anti-social behaviour | On or near Silloth Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silloth Road |