£185,496
This estimated value is based upon the latest sale price for the house of £160,000 on 6 Nov 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 |
|---|---|
| £160,000 | 6 Nov 2020 |
| £135,000 | 1 Sep 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2020 the House Price Index for TYNE AND WEAR was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £160,000 results in an estimated price of approximately £185,496.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £160,000 | £25,496 | £185,496 |
The Postcode Pricing Model uses changes in average sales price within the SR4 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 | 17.732 % | £28,371 | £188,371 |
| 3 Month Average | 1.479 % | £2,365 | £162,365 |
| 6 Month Average | 3.049 % | £4,878 | £164,878 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £166,921 | £164,000 | 49 SEVENOAKS DRIVE |
| 29 Sep 2023 | £158,020 | £156,000 | 36 KIRKWOOD AVENUE |
| 20 Feb 2023 | £179,829 | £179,950 | 15 KIRKWOOD AVENUE |
| 1 Sep 2022 | £213,278 | £215,000 | 86 BROCKENHURST DRIVE |
| 1 Jul 2022 | £210,567 | £210,000 | 9 HILLINGDON GROVE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 8 Apr 2016. Using an estimated price of £185,497 means this house is valued at £1,952 per sq meter (£181 per sq foot).
The average size of a house on SEVENOAKS DRIVE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Lynwood Avenue |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lynwood Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillingdon Grove |
| Jan 2024 | Vehicle crime | Under investigation | On or near Hillingdon Grove |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hillingdon Grove |