£338,201
This estimated value is based upon the latest sale price for the house of £218,000 on 1 Nov 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Warwick Drive
More crime details
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| Price Paid | Date |
|---|---|
| £218,000 | 1 Nov 2007 |
| Detached |
| 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 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 £218,000 results in an estimated price of approximately £338,201.
| 1 Nov 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.8 | 148.6 | 55.138 % | £218,000 | £120,201 | £338,201 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -33.957 % | £-74,025 | £143,974 |
| 3 Month Average | -11.968 % | £-26,090 | £191,909 |
| 6 Month Average | -14.656 % | £-31,950 | £186,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £507,514 | £500,000 | MELROSE WARWICK DRIVE |
| 7 Aug 2023 | £302,648 | £300,000 | LANGDALES GILLAS LANE WEST |
| 30 Jan 2023 | £179,156 | £180,000 | 21 BRADLEY AVENUE |
| 22 Jul 2022 | £320,864 | £320,000 | 19 GILLAS LANE WEST |
| 13 Apr 2022 | £159,619 | £155,000 | 16 WINDSOR DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Warwick Drive |
| Mar 2024 | Anti-social behaviour | On or near Gillas Lane West | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bradley Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bradley Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1260 |