£293,146
This estimated value is based upon the latest sale price for the house of £237,000 on 3 Aug 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £237,000 | 3 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 August 2018 the House Price Index for TYNE AND WEAR was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £237,000 results in an estimated price of approximately £293,146.
| 3 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £237,000 | £56,146 | £293,146 |
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 | 11.324 % | £26,837 | £263,837 |
| 3 Month Average | 8.201 % | £19,436 | £256,436 |
| 6 Month Average | 10.015 % | £23,735 | £260,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £117,048 | £115,000 | 20 MEADOW GROVE |
| 29 Jun 2023 | £182,207 | £180,000 | 25 HYLTON WALK |
| 11 Mar 2022 | £183,937 | £177,500 | 2 GREENBANK DRIVE |
| 28 Jan 2022 | £114,186 | £108,500 | 10 GRINDON AVENUE |
| 14 Dec 2021 | £144,636 | £135,000 | 16 GREENBANK DRIVE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 25 Jan 2017. Using an estimated price of £293,146 means this house is valued at £3,664 per sq meter (£340 per sq foot).
The average size of a house on HYLTON BANK is 184 sq meters (1,985 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mount Close |