£507,992
This estimated value is based upon the latest sale price for the house of £345,000 on 5 Dec 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £345,000 | 5 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 2014 the House Price Index for TYNE AND WEAR was 99.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 47.244%.Applying this 47.244% change to the original purchase price of £345,000 results in an estimated price of approximately £507,992.
| 5 Dec 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 146.7 | 47.244 % | £345,000 | £162,992 | £507,992 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 32.092 % | £110,717 | £455,717 |
| 3 Month Average | 10.265 % | £35,414 | £380,414 |
| 6 Month Average | 18.852 % | £65,037 | £410,037 |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 19 Dec 2014.
The average size of a house on ROCK LODGE ROAD is 175 sq meters (1,890 sq feet).
This house is the smallest in the street with a floor area of 135 sq meters (1,453 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near David Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near David Gardens |
| Dec 2023 | Other theft | Awaiting court outcome | On or near David Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Peareth Grove |
| Feb 2024 | Public order | Under investigation | On or near Peareth Grove |