£48,965
This estimated value is based upon the latest sale price for the house of £37,500 on 31 Mar 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 |
|---|---|
| £37,500 | 31 Mar 2017 |
| £15,000 | 12 Dec 2001 |
| £21,500 | 10 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £37,500 results in an estimated price of approximately £48,965.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £37,500 | £11,465 | £48,965 |
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 | 49.152 % | £18,432 | £55,932 |
| 3 Month Average | 12.825 % | £4,809 | £42,309 |
| 6 Month Average | 14.603 % | £5,476 | £42,976 |
| 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 57 sq meters or 613 sq feet when measured on 4 Oct 2017. Using an estimated price of £48,966 means this house is valued at £859 per sq meter (£79 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 |