£177,784
This estimated value is based upon the latest sale price for the house of £143,500 on 4 Jun 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £143,500 | 4 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2018 the House Price Index for TYNE AND WEAR was 119.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.892%.Applying this 23.892% change to the original purchase price of £143,500 results in an estimated price of approximately £177,784.
| 4 Jun 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.0 | 23.892 % | £143,500 | £34,284 | £177,784 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 1.158 % | £1,661 | £145,161 |
| 3 Month Average | 4.294 % | £6,162 | £149,662 |
| 6 Month Average | 5.708 % | £8,190 | £151,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £278,038 | £276,347 | 8 ELSTOB PLACE |
| 18 Aug 2023 | £211,235 | £209,950 | 41 ST CHRISTOPHERS ROAD |
| 11 Aug 2023 | £211,285 | £210,000 | 86 NURSERY ROAD |
| 31 Mar 2023 | £231,250 | £230,000 | 17 NURSERY ROAD |
| 24 Jan 2023 | £223,041 | £225,000 | 83 NURSERY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 16 Mar 2016. Using an estimated price of £177,785 means this house is valued at £2,067 per sq meter (£192 per sq foot).
The average size of a house on NURSERY ROAD is 106 sq meters (1,151 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Nursery Road |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |