£226,537
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Dec 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 |
|---|---|
| £175,000 | 8 Dec 2016 |
| £184,950 | 20 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 December 2016 the House Price Index for TYNE AND WEAR was 113.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 29.450%.Applying this 29.450% change to the original purchase price of £175,000 results in an estimated price of approximately £226,537.
| 8 Dec 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 146.7 | 29.450 % | £175,000 | £51,537 | £226,537 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -11.630 % | £-20,353 | £154,646 |
| 3 Month Average | -11.610 % | £-20,316 | £154,683 |
| 6 Month Average | -12.070 % | £-21,122 | £153,877 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Feb 2016.
The average size of a house on BOWOOD CLOSE is 129 sq meters (1,396 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Dyrhm Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wilshire Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Wilshire Close |