£94,715
This estimated value is based upon the latest sale price for the house of £93,500 on 23 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £93,500 | 23 Nov 2023 |
| £66,000 | 30 Sep 2005 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2023 the House Price Index for TYNE AND WEAR was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £93,500 results in an estimated price of approximately £94,715.
| 23 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £93,500 | £1,215 | £94,715 |
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 | -26.019 % | £-24,327 | £69,172 |
| 3 Month Average | -8.158 % | £-7,627 | £85,872 |
| 6 Month Average | -3.988 % | £-3,729 | £89,770 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £81,543 | £80,000 | 49 ETHEL TERRACE |
| 24 Nov 2023 | £126,626 | £125,000 | 89 CASTLE VIEW |
| 23 Nov 2023 | £94,716 | £93,500 | 8 OSWALD TERRACE WEST |
| 21 Jul 2023 | £83,793 | £83,000 | 5 ELIZABETH STREET |
| 8 Jun 2023 | £57,466 | £57,000 | 1 OSWALD TERRACE WEST |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 1 Sep 2016. Using an estimated price of £94,716 means this house is valued at £1,353 per sq meter (£125 per sq foot).
The average size of a house on OSWALD TERRACE WEST is 96 sq meters (1,036 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Bodiam Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bodiam Road |
| Apr 2024 | Anti-social behaviour | On or near Bodiam Road | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bodiam Road |
| Mar 2024 | Anti-social behaviour | On or near Bodiam Road |