£72,908
This estimated value is based upon the latest sale price for the house of £56,250 on 10 Mar 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 |
|---|---|
| £56,250 | 10 Mar 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £56,250 results in an estimated price of approximately £72,908.
| 10 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £56,250 | £16,658 | £72,908 |
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 | 25.717 % | £14,465 | £70,715 |
| 3 Month Average | 4.935 % | £2,775 | £59,025 |
| 6 Month Average | 10.906 % | £6,134 | £62,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £91,104 | £90,000 | 3 ROSEWOOD SQUARE |
| 27 Jun 2023 | £242,943 | £240,000 | 49 BROCKENHURST DRIVE |
| 9 Feb 2023 | £86,742 | £86,800 | 71 GARDINER ROAD |
| 18 Jan 2023 | £111,973 | £112,500 | 67 GARDINER ROAD |
| 25 Nov 2022 | £88,923 | £90,000 | 7 GLENEAGLES SQUARE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 5 Sep 2013. Using an estimated price of £72,909 means this house is valued at £1,257 per sq meter (£116 per sq foot).
The average size of a house on SANDALWOOD SQUARE is 78 sq meters (845 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sandalwood Square |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandalwood Square |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gregory Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gregory Road |
| Mar 2024 | Burglary | Under investigation | On or near Gregory Road |