£368,863
This estimated value is based upon the latest sale price for the house of £234,000 on 24 Jul 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £234,000 | 24 Jul 2007 |
| £127,995 | 27 May 1999 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 2007 the House Price Index for TYNE AND WEAR was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £234,000 results in an estimated price of approximately £368,863.
| 24 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £234,000 | £134,863 | £368,863 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 11.564 % | £27,059 | £261,059 |
| 3 Month Average | 24.262 % | £56,773 | £290,773 |
| 6 Month Average | 20.574 % | £48,142 | £282,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £278,562 | £275,000 | 30 ENGLEMANN WAY |
| 31 Mar 2023 | £196,855 | £195,000 | 19 COTTONWOOD |
| 8 Jun 2022 | £326,616 | £322,000 | 35 ENGLEMANN WAY |
| 8 Jun 2022 | £6,897 | £6,800 | 18 COTTONWOOD |
| 1 Jun 2022 | £5,663 | £5,583 | 17 ENGLEMANN WAY |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 25 Nov 2015. Using an estimated price of £368,864 means this house is valued at £2,752 per sq meter (£255 per sq foot).
The average size of a house on COTTONWOOD is 97 sq meters (1,049 sq feet).
This house is the largest in the street with a floor area of 134 sq meters (1,442 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monterey |
| Mar 2024 | Drugs | Under investigation | On or near Lacebark |
| Mar 2024 | Public order | Under investigation | On or near Lacebark |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Lacebark |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lacebark |