£333,138
This estimated value is based upon the latest sale price for the house of £153,000 on 12 Dec 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £153,000 | 12 Dec 2003 |
| Detached |
| 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 December 2003 the House Price Index for TYNE AND WEAR was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £153,000 results in an estimated price of approximately £333,138.
| 12 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £153,000 | £180,138 | £333,138 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 85.191 % | £130,342 | £283,342 |
| 3 Month Average | 62.298 % | £95,315 | £248,315 |
| 6 Month Average | 59.803 % | £91,498 | £244,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £274,057 | £270,000 | 11 SILVERDALE |
| 2 Jun 2023 | £212,575 | £210,000 | 4 PERRYCROFTS |
| 31 Mar 2023 | £206,950 | £205,000 | 17 PERRYCROFTS |
| 27 Aug 2021 | £295,582 | £264,950 | 28 CRAIGWELL DRIVE |
| 27 Jul 2021 | £160,897 | £140,000 | 11 CRAIGWELL DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Airville Mount |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Airville Mount |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perrycrofts |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Cam Mead |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chandos |