£178,963
This estimated value is based upon the latest sale price for the house of £134,000 on 17 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£134,000 | 17 Jun 2016 |
£125,000 | 24 Aug 2012 |
£52,000 | 3 Jul 1995 |
£51,000 | 9 Jun 1995 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 June 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £134,000 results in an estimated price of approximately £178,963.
17 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £134,000 | £44,963 | £178,963 |
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 | 50.038 % | £67,050 | £201,050 |
3 Month Average | 13.362 % | £17,905 | £151,905 |
6 Month Average | 17.121 % | £22,942 | £156,942 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £166,921 | £164,000 | 49 SEVENOAKS DRIVE |
30 Jun 2023 | £91,104 | £90,000 | 3 ROSEWOOD SQUARE |
27 Jun 2023 | £242,943 | £240,000 | 49 BROCKENHURST DRIVE |
11 Apr 2023 | £55,599 | £55,000 | 39 SEVENOAKS DRIVE |
1 Jul 2022 | £210,567 | £210,000 | 9 HILLINGDON GROVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 27 Jul 2012. Using an estimated price of £178,964 means this house is valued at £2,631 per sq meter (£244 per sq foot).
The average size of a house on BROCKENHURST DRIVE is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Hillingdon Grove |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillingdon Grove |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillingdon Grove |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandalwood Square |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Sandalwood Square |