£280,971
This estimated value is based upon the latest sale price for the house of £195,000 on 15 May 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £195,000 | 15 May 2015 |
| £170,000 | 26 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 May 2015 the House Price Index for TYNE AND WEAR was 101.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 44.088%.Applying this 44.088% change to the original purchase price of £195,000 results in an estimated price of approximately £280,971.
| 15 May 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 146.7 | 44.088 % | £195,000 | £85,971 | £280,971 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -19.514 % | £-38,052 | £156,947 |
| 3 Month Average | -12.408 % | £-24,196 | £170,803 |
| 6 Month Average | -7.547 % | £-14,715 | £180,284 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 19 Sep 2016.
The average size of a house on HIGHCLERE DRIVE is 116 sq meters (1,252 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Highclere Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Other crime | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |