£304,560
This estimated value is based upon the latest sale price for the house of £250,000 on 18 May 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 |
|---|---|
| £250,000 | 18 May 2020 |
| Freehold |
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 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £250,000 results in an estimated price of approximately £304,560.
| 18 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £250,000 | £54,560 | £304,560 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -40.095 % | £-100,236 | £149,763 |
| 3 Month Average | -7.820 % | £-19,548 | £230,451 |
| 6 Month Average | 10.886 % | £27,214 | £277,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £282,674 | £280,000 | 15 WHITE ROCKS GROVE |
| 17 Feb 2023 | £248,823 | £250,000 | 31 WHITE ROCKS GROVE |
| 28 Feb 2022 | £146,224 | £140,000 | 24 ARTHUR STREET |
| 14 Jan 2022 | £87,347 | £83,334 | 11 ARTHUR TERRACE |
| 16 Dec 2021 | £241,060 | £225,000 | 52 WHITE ROCKS GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thill Stone Mews |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Thill Stone Mews |
| Apr 2024 | Anti-social behaviour | On or near Kitchener Road | |
| Jan 2024 | Anti-social behaviour | On or near Kitchener Road | |
| Jan 2024 | Anti-social behaviour | On or near Kitchener Road |