£271,414
This estimated value is based upon the latest sale price for the house of £174,950 on 21 Nov 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £174,950 | 21 Nov 2007 |
| £147,000 | 24 Oct 2003 |
| £87,500 | 7 Aug 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
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 November 2007 the House Price Index for TYNE AND WEAR was 95.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.138%.Applying this 55.138% change to the original purchase price of £174,950 results in an estimated price of approximately £271,414.
| 21 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £174,950 | £96,464 | £271,414 |
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 | 8.866 % | £15,511 | £190,461 |
| 3 Month Average | -5.139 % | £-8,990 | £165,959 |
| 6 Month Average | -3.515 % | £-6,150 | £168,799 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £213,156 | £210,000 | 10 CANBERRA ROAD |
| 31 Jul 2023 | £197,660 | £195,000 | 1 CORRY COURT |
| 25 Jul 2023 | £226,803 | £223,750 | 54 KILLINGWORTH DRIVE |
| 19 Jun 2023 | £140,704 | £139,000 | 85 SPRINGWELL ROAD |
| 27 Feb 2023 | £224,849 | £225,000 | 33 SOUTHMAYNE ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Nov 2019. Using an estimated price of £271,415 means this house is valued at £2,918 per sq meter (£271 per sq foot).
The average size of a house on KILLINGWORTH DRIVE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wavendon Crescent |
| Feb 2024 | Other crime | Awaiting court outcome | On or near Springwell Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Swindon Road |