£228,677
This estimated value is based upon the latest sale price for the house of £175,000 on 13 Jan 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£175,000 | 13 Jan 2017 |
£175,000 | 17 Nov 2006 |
£66,000 | 6 Sep 1996 |
Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 January 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £175,000 results in an estimated price of approximately £228,677.
13 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £175,000 | £53,677 | £228,677 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 45.757 % | £80,075 | £255,075 |
3 Month Average | 18.548 % | £32,459 | £207,459 |
6 Month Average | 17.788 % | £31,129 | £206,129 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £142,493 | £140,000 | 10 LYNWOOD AVENUE |
2 Jun 2023 | £237,881 | £235,000 | 143 SEVENOAKS DRIVE |
17 Jan 2023 | £184,133 | £185,000 | 20 BRAMLEY CLOSE |
17 Jun 2022 | £147,079 | £145,000 | 154 SEVENOAKS DRIVE |
29 Apr 2022 | £181,245 | £176,000 | 116 SEVENOAKS DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 1 Mar 2016. Using an estimated price of £228,678 means this house is valued at £2,198 per sq meter (£204 per sq foot).
The average size of a house on MARLBOROUGH ROAD is 81 sq meters (875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sevenoaks Drive |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sevenoaks Drive |
Jan 2024 | Anti-social behaviour | On or near Sevenoaks Drive |