£266,639
This estimated value is based upon the latest sale price for the house of £169,950 on 1 Aug 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 |
|---|---|
| £169,950 | 1 Aug 2007 |
| £79,000 | 20 Dec 2001 |
| £60,000 | 1 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2007 the House Price Index for TYNE AND WEAR was 94.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.893%.Applying this 56.893% change to the original purchase price of £169,950 results in an estimated price of approximately £266,639.
| 1 Aug 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.6 | 56.893 % | £169,950 | £96,689 | £266,639 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 15.363 % | £26,109 | £196,059 |
| 3 Month Average | 8.189 % | £13,916 | £183,866 |
| 6 Month Average | 18.263 % | £31,037 | £200,987 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £246,000 | £246,000 | 14 STRATFORD GARDENS |
| 6 Nov 2023 | £259,847 | £256,000 | 21 DRYDEN ROAD |
| 1 Mar 2023 | £323,043 | £320,000 | 17 RAVENSDALE CRESCENT |
| 17 Feb 2023 | £217,354 | £217,500 | 51 DRYDEN ROAD |
| 30 Jan 2023 | £313,523 | £315,000 | 20 DRYDEN ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Apr 2013. Using an estimated price of £266,640 means this house is valued at £3,555 per sq meter (£330 per sq foot).
There is one other house on the street which we know the size of, this is 3 JOICEY PLACE it is 77.04
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Joicey Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Kellfield Avenue |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Kellfield Avenue |