£520,118
This estimated value is based upon the latest sale price for the house of £120,000 on 9 Jul 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£120,000 | 9 Jul 1999 |
Detached |
Leasehold |
Floor Area: 155 sq meters or 1,668 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 July 1999 the House Price Index for TYNE AND WEAR was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £120,000 results in an estimated price of approximately £520,118.
9 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 148.6 | 333.432 % | £120,000 | £400,118 | £520,118 |
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 | 100.946 % | £121,135 | £241,135 |
3 Month Average | 143.167 % | £171,800 | £291,800 |
6 Month Average | 153.624 % | £184,348 | £304,348 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2022 | £6,694 | £6,500 | 70 TRINITY PARK |
23 Jul 2021 | £166,643 | £145,000 | 29 ABERFORD DRIVE |
30 Jun 2021 | £289,690 | £270,000 | 52 TRINITY PARK |
4 Jun 2021 | £297,200 | £277,000 | 27 TRINITY PARK |
31 Jan 2020 | £196,374 | £161,000 | 48 TRINITY PARK |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 18 Mar 2010. Using an estimated price of £520,118 means this house is valued at £3,354 per sq meter (£311 per sq foot).
The average size of a house on TRINITY PARK is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Trinity Park | |
Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Trinity Park |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Trinity Park |
Dec 2023 | Anti-social behaviour | On or near Blossom Grove | |
Dec 2023 | Anti-social behaviour | On or near Blossom Grove |