£172,198
This estimated value is based upon the latest sale price for the house of £130,000 on 6 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£130,000 | 6 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 October 2016 the House Price Index for TYNE AND WEAR was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £130,000 results in an estimated price of approximately £172,198.
6 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £130,000 | £42,198 | £172,198 |
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 | 42.801 % | £55,641 | £185,641 |
3 Month Average | 16.814 % | £21,858 | £151,858 |
6 Month Average | 13.775 % | £17,906 | £147,906 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £142,493 | £140,000 | 10 LYNWOOD AVENUE |
31 Aug 2023 | £191,677 | £190,000 | 103 BROCKENHURST DRIVE |
2 Jun 2023 | £237,881 | £235,000 | 143 SEVENOAKS DRIVE |
17 Jan 2023 | £184,133 | £185,000 | 20 BRAMLEY CLOSE |
26 May 2022 | £178,361 | £175,000 | 28 LYNWOOD AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 8 Jun 2016. Using an estimated price of £172,199 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on SEVENOAKS DRIVE is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Lynwood Avenue |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Lynwood Avenue |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Kirkwood Avenue |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive |