£259,085
This estimated value is based upon the latest sale price for the house of £179,995 on 31 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£179,995 | 31 Jul 2015 |
£182,000 | 12 Aug 2011 |
£195,000 | 15 Sep 2006 |
£148,000 | 14 May 2004 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 43.941%.Applying this 43.941% change to the original purchase price of £179,995 results in an estimated price of approximately £259,085.
31 Jul 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 148.6 | 43.941 % | £179,995 | £79,090 | £259,085 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 28.008 % | £50,412 | £230,407 |
3 Month Average | 2.230 % | £4,014 | £184,009 |
6 Month Average | 8.464 % | £15,234 | £195,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £274,808 | £270,000 | 79 SUTHERLAND DRIVE |
15 Jun 2023 | £94,646 | £93,500 | 9 SUTHERLAND DRIVE |
3 Mar 2023 | £321,024 | £318,000 | 49 SUTHERLAND DRIVE |
17 Feb 2023 | £84,943 | £85,000 | 5 SUTHERLAND DRIVE |
12 Jul 2022 | £6,402 | £6,385 | 2 LOTHIAN CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Mar 2011. Using an estimated price of £259,086 means this house is valued at £3,084 per sq meter (£286 per sq foot).
The average size of a house on MIDLOTHIAN CLOSE is 162 sq meters (1,748 sq feet).
This house is the smallest in the street with a floor area of 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Nairn Close |
Jan 2024 | Other theft | Under investigation | On or near Nairn Close |
Jan 2024 | Other crime | Under investigation | On or near Nairn Close |
Mar 2024 | Anti-social behaviour | On or near Stirling Close | |
Jan 2024 | Anti-social behaviour | On or near Stirling Close |