£171,465
This estimated value is based upon the latest sale price for the house of £138,000 on 26 Jul 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£138,000 | 26 Jul 2019 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £138,000 results in an estimated price of approximately £171,465.
26 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £138,000 | £33,465 | £171,465 |
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 | 34.227 % | £47,232 | £185,232 |
3 Month Average | 9.877 % | £13,629 | £151,629 |
6 Month Average | 9.755 % | £13,461 | £151,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £156,353 | £154,995 | 31 LYNWOOD AVENUE |
26 Apr 2024 | £161,402 | £160,000 | 33 MARLBOROUGH ROAD |
5 Apr 2024 | £146,270 | £145,000 | 43 MARLBOROUGH ROAD |
2 Jun 2023 | £239,806 | £235,000 | 143 SEVENOAKS DRIVE |
17 Jan 2023 | £185,496 | £185,000 | 20 BRAMLEY CLOSE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Nov 2018. Using an estimated price of £171,466 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on SEVENOAKS DRIVE is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Marlborough Road | |
Jul 2024 | Public order | Under investigation | On or near Marlborough Road |
Jul 2024 | Anti-social behaviour | On or near Marlborough Road | |
Aug 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Aug 2024 | Anti-social behaviour | On or near Sevenoaks Drive |