£6,928
This estimated value is based upon the latest sale price for the house of £5,650 on 4 Oct 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 |
|---|---|
| £5,650 | 4 Oct 2019 |
| Freehold |
| Floor Area: 83 sq meters or 893 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 2019 the House Price Index for TYNE AND WEAR was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £5,650 results in an estimated price of approximately £6,928.
| 4 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £5,650 | £1,278 | £6,928 |
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 | 60.127 % | £3,397 | £9,047 |
| 3 Month Average | 19.202 % | £1,084 | £6,734 |
| 6 Month Average | 0.048 % | £2 | £5,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £94,905 | £93,500 | 31 MORVAL CLOSE |
| 29 Sep 2023 | £108,386 | £107,000 | 6 MAPLEBECK CLOSE |
| 29 Sep 2023 | £68,374 | £67,500 | 7 MILSTED CLOSE |
| 29 Jun 2023 | £267,237 | £264,000 | 1 MARLOW DRIVE |
| 14 Apr 2023 | £218,856 | £216,500 | 15 MARLOW DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Nov 2014. Using an estimated price of £6,929 means this house is valued at £83 per sq meter (£7 per sq foot).
The average size of a house on MARLOW DRIVE is 107 sq meters (1,157 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Milsted Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Glanville Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Minskip Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Maplebeck Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Maplebeck Close |