£345,713
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Dec 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £275,000 | 7 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 December 2017 the House Price Index for TYNE AND WEAR was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £275,000 results in an estimated price of approximately £345,713.
| 7 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £275,000 | £70,713 | £345,713 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | -12.317 % | £-33,872 | £241,127 |
| 3 Month Average | 14.839 % | £40,807 | £315,807 |
| 6 Month Average | 11.679 % | £32,116 | £307,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £86,514 | £85,000 | 15 BROWNING COURT FENHAM COURT |
| 16 Nov 2023 | £63,439 | £62,500 | 21 BROWNING COURT FENHAM COURT |
| 27 Sep 2023 | £79,010 | £78,000 | 32 BROWNING COURT FENHAM COURT |
| 18 Aug 2023 | £90,794 | £90,000 | 68 MIDDLEWOOD PARK |
| 18 Aug 2023 | £131,147 | £130,000 | 33 MIDDLEWOOD PARK |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 1 Sep 2017. Using an estimated price of £345,714 means this house is valued at £1,998 per sq meter (£185 per sq foot).
The average size of a house on FENHAM HALL DRIVE is 118 sq meters (1,272 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Middlewood Park |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Middlewood Park |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Middlewood Park |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Middlewood Park |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Middlewood Park |