£209,088
This estimated value is based upon the latest sale price for the house of £90,000 on 25 Jul 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,000 | 25 Jul 2003 |
| £56,000 | 16 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 2003 the House Price Index for TYNE AND WEAR was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £90,000 results in an estimated price of approximately £209,088.
| 25 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £90,000 | £119,088 | £209,088 |
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 | 66.211 % | £59,589 | £149,589 |
| 3 Month Average | 75.311 % | £67,779 | £157,779 |
| 6 Month Average | 88.361 % | £79,525 | £169,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £274,057 | £270,000 | 11 SILVERDALE |
| 2 Jun 2023 | £212,575 | £210,000 | 4 PERRYCROFTS |
| 31 Mar 2023 | £206,950 | £205,000 | 17 PERRYCROFTS |
| 27 Aug 2021 | £295,582 | £264,950 | 28 CRAIGWELL DRIVE |
| 27 Jul 2021 | £160,897 | £140,000 | 11 CRAIGWELL DRIVE |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 10 Oct 2016. Using an estimated price of £209,088 means this house is valued at £1,572 per sq meter (£146 per sq foot).
The average size of a house on CRAIGWELL DRIVE is 91 sq meters (985 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Airville Mount |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Airville Mount |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Cam Mead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perrycrofts |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chandos |