£106,724
This estimated value is based upon the latest sale price for the house of £85,000 on 27 Nov 2017. 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 |
|---|---|
| £85,000 | 27 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.558%.Applying this 25.558% change to the original purchase price of £85,000 results in an estimated price of approximately £106,724.
| 27 Nov 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 148.0 | 25.558 % | £85,000 | £21,724 | £106,724 |
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 | -6.156 % | £-5,232 | £79,767 |
| 3 Month Average | 2.010 % | £1,708 | £86,708 |
| 6 Month Average | 16.713 % | £14,206 | £99,206 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jan 2023 | £104,086 | £105,000 | 6 PLAINS ROAD |
| 4 Jan 2023 | £109,042 | £110,000 | 106 PORTLAND ROAD |
| 26 Aug 2022 | £137,074 | £138,000 | 133 DURHAM ROAD |
| 28 Jul 2022 | £116,842 | £117,000 | 8 POWIS ROAD |
| 30 May 2022 | £157,440 | £155,100 | 49 POWIS ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 2 Nov 2016. Using an estimated price of £106,724 means this house is valued at £1,317 per sq meter (£122 per sq foot).
The average size of a house on PORTLAND ROAD is 88 sq meters (948 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Portland Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Portland Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Scruton Avenue |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Scruton Avenue |
| Mar 2024 | Public order | Offender given a caution | On or near Scruton Avenue |