£218,682
This estimated value is based upon the latest sale price for the house of £176,500 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £176,500 | 19 Jan 2018 |
| £148,000 | 16 May 2011 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.899%.Applying this 23.899% change to the original purchase price of £176,500 results in an estimated price of approximately £218,682.
| 19 Jan 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 146.7 | 23.899 % | £176,500 | £42,182 | £218,682 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 22.920 % | £40,453 | £216,953 |
| 3 Month Average | 7.812 % | £13,788 | £190,288 |
| 6 Month Average | 7.692 % | £13,576 | £190,076 |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 10 Mar 2011.
The average size of a house on MARINA DRIVE is 91 sq meters (983 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thorntree Drive |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Thorntree Close |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Thorntree Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Church Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Church Close |