£217,448
This estimated value is based upon the latest sale price for the house of £155,000 on 6 Nov 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 |
---|---|
£155,000 | 6 Nov 2015 |
Semi-Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £155,000 results in an estimated price of approximately £217,448.
6 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £155,000 | £62,448 | £217,448 |
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 | -1.320 % | £-2,046 | £152,953 |
3 Month Average | 3.983 % | £6,173 | £161,173 |
6 Month Average | 11.538 % | £17,883 | £172,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £148,986 | £146,000 | 30 BELDENE DRIVE |
31 Mar 2023 | £218,652 | £215,000 | 21 KILLINGWORTH DRIVE |
22 Jul 2022 | £159,271 | £157,675 | 37 WESTFIELD GROVE |
17 Jun 2022 | £184,034 | £180,100 | 6 ARNCLIFFE AVENUE |
22 Feb 2022 | £232,421 | £220,000 | 53 WOODVILLE CRESCENT |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 28 Jan 2015. Using an estimated price of £217,448 means this house is valued at £1,958 per sq meter (£181 per sq foot).
The average size of a house on WESTFIELD GROVE is 111 sq meters (1,200 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ingoldsby Court |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ingoldsby Court |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Ingoldsby Court |
Jun 2024 | Other crime | Under investigation | On or near Ingoldsby Court |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ingoldsby Court |