£178,647
This estimated value is based upon the latest sale price for the house of £110,457 on 30 Mar 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£110,457 | 30 Mar 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 634 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 March 2007 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £110,457 results in an estimated price of approximately £178,647.
30 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £110,457 | £68,190 | £178,647 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | -13.614 % | £-15,038 | £95,418 |
3 Month Average | 8.131 % | £8,981 | £119,438 |
6 Month Average | 4.522 % | £4,994 | £115,451 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £199,551 | £197,000 | 94 LANDFALL DRIVE |
2 Jun 2023 | £88,067 | £87,000 | 7 LANDFALL DRIVE |
20 Mar 2023 | £80,761 | £80,000 | 5 LANDFALL DRIVE |
30 Jun 2022 | £76,075 | £75,000 | 60 LANDFALL DRIVE |
29 Jun 2022 | £86,218 | £85,000 | 8 LANDFALL DRIVE |
This house has a floor area of 58 sq meters or 634 sq feet when measured on 22 Apr 2009. Using an estimated price of £178,647 means this house is valued at £3,032 per sq meter (£281 per sq foot).
The average size of a house on LANDFALL DRIVE is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Landfall Drive |
Jan 2024 | Anti-social behaviour | On or near Troilus Gardens | |
Jan 2024 | Anti-social behaviour | On or near Troilus Gardens | |
Jan 2024 | Anti-social behaviour | On or near Troilus Gardens | |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near May Close |