£483,724
This estimated value is based upon the latest sale price for the house of £475,000 on 4 Aug 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£475,000 | 4 Aug 2023 |
£180,000 | 4 Nov 2020 |
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 August 2023 the House Price Index for TYNE AND WEAR was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £475,000 results in an estimated price of approximately £483,724.
4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £475,000 | £8,724 | £483,724 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | -0.782 % | £-3,716 | £471,283 |
3 Month Average | -13.628 % | £-64,731 | £410,268 |
6 Month Average | 6.645 % | £31,565 | £506,565 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £82,536 | £80,000 | 26 PENISTONE ROAD |
24 Nov 2023 | £74,388 | £72,500 | 46 PRESTBURY ROAD |
4 Aug 2023 | £483,724 | £475,000 | UNIT 1 SITE BT77/15 PENNYWELL INDUSTRIAL ESTATE |
23 Jun 2023 | £91,840 | £90,000 | 21 PENISTONE ROAD |
25 Apr 2023 | £77,449 | £76,000 | 24 ST JOHNS VALE |
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Prestbury Road | |
Aug 2024 | Other crime | Under investigation | On or near Prestbury Road |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Prestbury Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Prestbury Road |
Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Prestbury Road |