£71,298
This estimated value is based upon the latest sale price for the house of £55,000 on 5 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £55,000 | 5 May 2017 |
| £40,000 | 27 Apr 2012 |
| £18,000 | 26 Feb 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £55,000 results in an estimated price of approximately £71,298.
| 5 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £55,000 | £16,298 | £71,298 |
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 | 107.687 % | £59,227 | £114,227 |
| 3 Month Average | 1.795 % | £987 | £55,987 |
| 6 Month Average | 5.194 % | £2,856 | £57,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £70,000 | £70,000 | 7 BOGNOR STREET |
| 19 Apr 2024 | £89,275 | £88,500 | 6 BERGEN STREET |
| 15 Dec 2023 | £85,115 | £82,500 | 26 BOGNOR STREET |
| 29 Jun 2023 | £29,593 | £29,000 | 12 YORK HOUSE BAXTER ROAD |
| 3 Apr 2023 | £109,039 | £107,000 | 18 BERGEN STREET |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 26 Sep 2014. Using an estimated price of £71,298 means this house is valued at £1,320 per sq meter (£122 per sq foot).
The average size of a house on BAXTER ROAD is 72 sq meters (779 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bergen Square |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bergen Square |
| Jul 2024 | Anti-social behaviour | On or near Bergen Square | |
| Jul 2024 | Anti-social behaviour | On or near Bergen Square | |
| Jul 2024 | Anti-social behaviour | On or near Bergen Square |