£130,593
This estimated value is based upon the latest sale price for the house of £108,000 on 3 Jul 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £108,000 | 3 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £108,000 results in an estimated price of approximately £130,593.
| 3 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £108,000 | £22,593 | £130,593 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 50.863 % | £54,931 | £162,931 |
| 3 Month Average | 8.156 % | £8,808 | £116,808 |
| 6 Month Average | 19.546 % | £21,109 | £129,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £142,493 | £140,000 | 41 DILSTON DRIVE |
| 29 Sep 2023 | £157,007 | £155,000 | 58 DILSTON DRIVE |
| 28 Jul 2023 | £130,253 | £128,500 | 7 DILSTON DRIVE |
| 19 Jun 2023 | £177,146 | £175,000 | 23 DOWNEND ROAD |
| 5 Jun 2023 | £155,888 | £154,000 | 70 DILSTON DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 19 Mar 2020. Using an estimated price of £130,594 means this house is valued at £1,612 per sq meter (£149 per sq foot).
The average size of a house on DILSTON DRIVE is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Langdon Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Langdon Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Langdon Road |
| Mar 2024 | Public order | Under investigation | On or near Langdon Road |