£71,369
This estimated value is based upon the latest sale price for the house of £58,333 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£58,333 | 21 Feb 2020 |
£71,393 | 4 Mar 2014 |
Flats/Maisonettes |
Leasehold |
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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £58,333 results in an estimated price of approximately £71,369.
21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £58,333 | £13,036 | £71,369 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -26.289 % | £-15,335 | £42,997 |
3 Month Average | -4.872 % | £-2,841 | £55,491 |
6 Month Average | -11.523 % | £-6,721 | £51,611 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £96,428 | £95,000 | APARTMENT 45 ST. MICHAELS GRAY ROAD |
9 Sep 2022 | £54,559 | £55,000 | APARTMENT 15 ST. MICHAELS, 10 GRAY ROAD |
27 Jul 2022 | £41,361 | £41,250 | APARTMENT 5 ST. MICHAELS, 10 GRAY ROAD |
20 May 2022 | £103,755 | £101,800 | 26 GRAY ROAD |
8 Oct 2021 | £39,834 | £36,001 | APARTMENT 27 KENSINGTON HOUSE, 12 - 14 GRAY ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Robbery | Under investigation | On or near Beaumont Street |
Apr 2024 | Drugs | Under investigation | On or near Beaumont Street |
Apr 2024 | Anti-social behaviour | On or near Beaumont Street | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beaumont Street |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Street |