£679,799
This estimated value is based upon the latest sale price for the house of £122,500 on 29 Aug 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £122,500 | 29 Aug 1996 |
| 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 August 1996 the House Price Index for TYNE AND WEAR was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £122,500 results in an estimated price of approximately £679,799.
| 29 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £122,500 | £557,299 | £679,799 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 221.362 % | £271,168 | £393,668 |
| 3 Month Average | 210.958 % | £258,423 | £380,923 |
| 6 Month Average | 197.649 % | £242,120 | £364,620 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £378,310 | £375,000 | 5 LEYFIELD CLOSE |
| 27 Jan 2022 | £436,749 | £415,000 | 16 LEIGHFIELD DRIVE |
| 25 Jan 2021 | £402,316 | £352,500 | 16 LODGESIDE MEADOW |
| 15 Dec 2020 | £410,876 | £357,995 | 19 LEIGHFIELD DRIVE |
| 11 Dec 2020 | £218,008 | £189,950 | 10 YARDLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chandos |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |