£410,207
This estimated value is based upon the latest sale price for the house of £326,302 on 21 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£326,302 | 21 Dec 2017 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £326,302 results in an estimated price of approximately £410,207.
21 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £326,302 | £83,905 | £410,207 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -1.427 % | £-4,654 | £321,647 |
3 Month Average | 7.886 % | £25,733 | £352,035 |
6 Month Average | 19.299 % | £62,974 | £389,276 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £291,820 | £287,500 | 6 NORTH DENE DRIVE |
3 Nov 2023 | £288,268 | £284,000 | 3 NORTH DENE DRIVE |
14 Jul 2023 | £329,434 | £325,000 | 29 PARK VIEW AVENUE |
23 Mar 2023 | £186,760 | £185,000 | 60 PARK VIEW AVENUE |
10 Mar 2023 | £486,079 | £481,500 | 301 DURHAM ROAD |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 13 Dec 2017. Using an estimated price of £410,208 means this house is valued at £2,698 per sq meter (£250 per sq foot).
The average size of a house on NORTH DENE DRIVE is 111 sq meters (1,202 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Saltwell Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Limetrees Gardens |
Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Westover Gardens |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Road |