£87,018
This estimated value is based upon the latest sale price for the house of £78,000 on 11 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £78,000 | 11 Aug 2021 |
| £75,000 | 21 Nov 2016 |
| £69,950 | 14 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 August 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £78,000 results in an estimated price of approximately £87,018.
| 11 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £78,000 | £9,018 | £87,018 |
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 | 78.662 % | £61,356 | £139,356 |
| 3 Month Average | 3.082 % | £2,403 | £80,403 |
| 6 Month Average | -5.227 % | £-4,077 | £73,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £96,692 | £95,000 | 9 BOOTLE STREET |
| 22 Sep 2023 | £101,295 | £100,000 | 15 CHELMSFORD SQUARE |
| 30 Jun 2023 | £87,055 | £86,000 | 9 CONWAY ROAD |
| 22 Jun 2023 | £86,801 | £85,750 | 95 WASHINGTON ROAD |
| 3 Apr 2023 | £73,289 | £72,500 | 22 BELLAMY CRESCENT |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 3 Feb 2017. Using an estimated price of £87,018 means this house is valued at £1,318 per sq meter (£122 per sq foot).
The average size of a house on CLOVELLY ROAD is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clovelly Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Clovelly Road |
| Dec 2023 | Anti-social behaviour | On or near Clovelly Road | |
| Dec 2023 | Anti-social behaviour | On or near Clovelly Road | |
| Dec 2023 | Anti-social behaviour | On or near Clovelly Road |