£545,086
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Apr 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Finstock Court
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Price Paid | Date |
---|---|
£325,000 | 25 Apr 2013 |
£266,000 | 27 Jan 2006 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 April 2013 the House Price Index for TYNE AND WEAR was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £325,000 results in an estimated price of approximately £545,086.
25 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.719 % | £325,000 | £220,086 | £545,086 |
The Postcode Pricing Model uses changes in average sales price within the NE3 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 | 40.979 % | £133,180 | £458,180 |
3 Month Average | 24.046 % | £78,148 | £403,148 |
6 Month Average | 22.644 % | £73,593 | £398,593 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Dec 2023 | £279,897 | £275,000 | 41 DAYLESFORD DRIVE |
25 Sep 2023 | £402,648 | £397,500 | 7 WESTWELL COURT |
14 Aug 2023 | £488,776 | £484,500 | 15 WESTWELL COURT |
11 Aug 2023 | £321,694 | £318,880 | 2 DAYLESFORD DRIVE |
16 Dec 2021 | £296,771 | £277,000 | 25 DONNINGTON COURT |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 25 Oct 2012. Using an estimated price of £545,086 means this house is valued at £4,739 per sq meter (£440 per sq foot).
The average size of a house on DAYLESFORD DRIVE is 114 sq meters (1,231 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Finstock Court |
Dec 2023 | Vehicle crime | Under investigation | On or near Burford Court |
Dec 2023 | Vehicle crime | Under investigation | On or near Lilburn Gardens |
Dec 2023 | Vehicle crime | Under investigation | On or near Lilburn Gardens |
Mar 2024 | Drugs | Under investigation | On or near Hospital |