£213,631
This estimated value is based upon the latest sale price for the house of £173,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £173,000 | 14 Sep 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £173,000 results in an estimated price of approximately £213,631.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £173,000 | £40,631 | £213,631 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 30.220 % | £52,280 | £225,280 |
| 3 Month Average | 5.358 % | £9,269 | £182,269 |
| 6 Month Average | 10.265 % | £17,759 | £190,759 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £117,048 | £115,000 | 11 ESLINGTON MEWS DRYDEN ROAD |
| 6 Dec 2023 | £86,514 | £85,000 | 15 ESLINGTON MEWS DRYDEN ROAD |
| 4 Dec 2023 | £117,048 | £115,000 | 7 ESLINGTON MEWS |
| 14 Nov 2023 | £334,959 | £330,000 | 8 ESSEX GARDENS |
| 28 Jul 2023 | £390,252 | £385,000 | 14 ESSEX GARDENS |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Dec 2011. Using an estimated price of £213,632 means this house is valued at £3,338 per sq meter (£310 per sq foot).
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindum Road |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Perry Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Perry Street |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perry Street |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Perry Street |