£152,891
This estimated value is based upon the latest sale price for the house of £142,500 on 25 Jun 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 |
|---|---|
| £142,500 | 25 Jun 2021 |
| £145,950 | 20 Mar 2013 |
| Semi-Detached |
| 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £142,500 results in an estimated price of approximately £152,891.
| 25 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £142,500 | £10,391 | £152,891 |
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 | -1.828 % | £-2,605 | £139,894 |
| 3 Month Average | -19.007 % | £-27,085 | £115,414 |
| 6 Month Average | -14.616 % | £-20,827 | £121,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £240,000 | £240,000 | 18 FLINT ROAD |
| 17 Nov 2023 | £106,578 | £105,000 | 41A FLINT ROAD |
| 30 Jun 2023 | £153,864 | £152,000 | 48 CORNING ROAD |
| 27 Jun 2023 | £174,109 | £172,000 | 8 GREENER ROAD |
| 6 Jan 2023 | £100,526 | £101,000 | 3 GREENER ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 26 May 2011. Using an estimated price of £152,892 means this house is valued at £2,184 per sq meter (£202 per sq foot).
The average size of a house on GREENER ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Corning Road |
| Mar 2024 | Drugs | Under investigation | On or near Corning Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medomsly Street |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Medomsly Street |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Medomsly Street |