£136,256
This estimated value is based upon the latest sale price for the house of £80,000 on 15 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£80,000 | 15 Sep 2006 |
£35,000 | 17 Aug 2001 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £80,000 results in an estimated price of approximately £136,256.
15 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 148.6 | 70.321 % | £80,000 | £56,256 | £136,256 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 17.281 % | £13,825 | £93,825 |
3 Month Average | 14.258 % | £11,406 | £91,406 |
6 Month Average | 28.244 % | £22,595 | £102,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jun 2023 | £126,533 | £125,000 | 253 TREVELYAN DRIVE |
12 Aug 2022 | £174,530 | £175,000 | 285 TREVELYAN DRIVE |
12 Aug 2022 | £137,131 | £137,500 | 29 SHAWDON CLOSE |
22 Jul 2022 | £54,146 | £54,000 | 16 SHAWDON CLOSE |
18 Jul 2022 | £105,283 | £105,000 | 219 TREVELYAN DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 1 Nov 2013. Using an estimated price of £136,257 means this house is valued at £1,746 per sq meter (£162 per sq foot).
The average size of a house on TREVELYAN DRIVE is 82 sq meters (891 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Hedgehope Road |
Mar 2024 | Anti-social behaviour | On or near Hedgehope Road | |
Mar 2024 | Anti-social behaviour | On or near Hedgehope Road | |
Mar 2024 | Anti-social behaviour | On or near Hedgehope Road | |
Feb 2024 | Anti-social behaviour | On or near Hedgehope Road |