£349,010
This estimated value is based upon the latest sale price for the house of £349,950 on 5 Aug 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£349,950 | 5 Aug 2022 |
£199,000 | 2 Apr 2004 |
£199,000 | 2 Apr 2004 |
£139,950 | 30 Apr 2002 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 August 2022 the House Price Index for TYNE AND WEAR was 149.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.268%.Applying this -0.268% change to the original purchase price of £349,950 results in an estimated price of approximately £349,010.
5 Aug 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 148.6 | -0.268 % | £349,950 | £-939 | £349,010 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 44.061 % | £154,192 | £504,142 |
3 Month Average | 2.608 % | £9,126 | £359,076 |
6 Month Average | 5.025 % | £17,585 | £367,535 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £378,310 | £375,000 | 3 WEYMOUTH DRIVE |
28 Oct 2022 | £321,538 | £325,000 | 38 WEYMOUTH DRIVE |
5 Aug 2022 | £349,011 | £349,950 | 39 WEYMOUTH DRIVE |
23 Jun 2022 | £305,315 | £301,000 | 26 WEYMOUTH DRIVE |
8 Nov 2021 | £251,993 | £233,000 | 8 WEYMOUTH DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 26 Jul 2016. Using an estimated price of £349,011 means this house is valued at £2,957 per sq meter (£274 per sq foot).
The average size of a house on WEYMOUTH DRIVE is 130 sq meters (1,400 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Burnden Grove |
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
Mar 2024 | Anti-social behaviour | On or near Brentwood Road | |
Feb 2024 | Anti-social behaviour | On or near Brentwood Road | |
Feb 2024 | Anti-social behaviour | On or near Brentwood Road |