£210,007
This estimated value is based upon the latest sale price for the house of £127,000 on 16 Aug 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £127,000 | 16 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 52 sq meters or 562 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 August 2013 the House Price Index for TYNE AND WEAR was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £127,000 results in an estimated price of approximately £210,007.
| 16 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £127,000 | £83,007 | £210,007 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 18.366 % | £23,324 | £150,324 |
| 3 Month Average | 22.344 % | £28,376 | £155,376 |
| 6 Month Average | 21.035 % | £26,714 | £153,714 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £178,645 | £176,000 | 61 WARWICK DRIVE |
| 19 Oct 2022 | £89,041 | £90,000 | FIRST FLOOR FLAT 29A CARLTON CRESCENT |
| 28 Sep 2022 | £79,359 | £80,000 | 29C CARLTON CRESCENT |
| 23 Jun 2022 | £238,369 | £235,000 | 50 CHARTER DRIVE |
| 17 Jun 2022 | £243,440 | £240,000 | 45 WARWICK DRIVE |
This house has a floor area of 52 sq meters or 562 sq feet when measured on 26 Mar 2012. Using an estimated price of £210,007 means this house is valued at £4,015 per sq meter (£373 per sq foot).
The average size of a house on WARWICK DRIVE is 95 sq meters (1,023 sq feet).
This house is the smallest in the street with a floor area of 52 sq meters (562 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lambton Court |
| Mar 2024 | Other theft | Under investigation | On or near Raby Drive |
| Mar 2024 | Public order | Under investigation | On or near Raby Drive |
| Jan 2024 | Shoplifting | Under investigation | On or near Raby Drive |
| Jan 2024 | Shoplifting | Under investigation | On or near Raby Drive |