£396,641
This estimated value is based upon the latest sale price for the house of £70,390 on 30 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£70,390 | 30 Jun 1995 |
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 June 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 463.491%.Applying this 463.491% change to the original purchase price of £70,390 results in an estimated price of approximately £396,641.
30 Jun 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.6 | 463.491 % | £70,390 | £326,251 | £396,641 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 138.247 % | £97,312 | £167,702 |
3 Month Average | 216.947 % | £152,709 | £223,099 |
6 Month Average | 200.141 % | £140,878 | £211,268 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £243,108 | £240,000 | 8 ROMNEY CLOSE |
11 Aug 2023 | £267,339 | £265,000 | 5 FOWLER CLOSE |
15 Jul 2022 | £230,621 | £230,000 | 9 GRANVILLE DRIVE |
4 Jul 2022 | £250,675 | £250,000 | 7 GRANVILLE DRIVE |
26 Nov 2021 | £286,601 | £265,000 | 14 BRADWELL WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Anti-social behaviour | On or near Fowler Close | |
Jan 2024 | Anti-social behaviour | On or near Fowler Close | |
Jan 2024 | Anti-social behaviour | On or near Fowler Close | |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goodrich Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Tilbury Close |