£118,253
This estimated value is based upon the latest sale price for the house of £95,000 on 13 Dec 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 |
|---|---|
| £95,000 | 13 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2019 the House Price Index for TYNE AND WEAR was 81.3.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 24.477%.Applying this 24.477% change to the original purchase price of £95,000 results in an estimated price of approximately £118,253.
| 13 Dec 2019 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.3 | 101.2 | 24.477 % | £95,000 | £23,253 | £118,253 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 8.180 % | £7,771 | £102,771 |
| 3 Month Average | 18.902 % | £17,956 | £112,956 |
| 6 Month Average | 9.037 % | £8,585 | £103,585 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2024 | £49,538 | £49,000 | 12 ROMFORD STREET |
| 24 Nov 2023 | £119,242 | £115,000 | 16 FORDLAND PLACE |
| 10 Nov 2023 | £67,346 | £64,950 | 8 HIGHFIELD PLACE |
| 15 Sep 2023 | £137,719 | £133,500 | 11 BROOKLAND ROAD |
| 5 Jun 2023 | £87,330 | £85,000 | 10 HIGHFIELD PLACE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 25 Oct 2019.
The average size of a house on FORDLAND PLACE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Highfield Place |
| Jan 2025 | Shoplifting | Investigation complete; no suspect identified | On or near Highfield Place |
| Jan 2025 | Violence and sexual offences | Under investigation | On or near Bexley Street |
| Jan 2025 | Possession of weapons | Under investigation | On or near Bexley Street |
| Jan 2025 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bexley Street |