1 NUTBERRY CLOSE

£229,375

Full Address

1 NUTBERRY CLOSE
RYHOPE
SUNDERLAND
TYNE AND WEAR
UNITED KINGDOM
SR2 0FX

Estimated Market Value

£229,375

This estimated value is based upon the latest sale price for the house of £211,295 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Transactions for this house
Price PaidDate
£211,29530 Sep 2021
House Details
Semi-Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.

Applying this 8.557% change to the original purchase price of £211,295 results in an estimated price of approximately £229,375.

30 Sep 2021 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
137.9 149.7 8.557 % £211,295 £18,080 £229,375

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 -13.881 % £-29,330 £181,964
3 Month Average -26.901 % £-56,839 £154,455
6 Month Average -23.573 % £-49,807 £161,487
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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