£354,067
This estimated value is based upon the latest sale price for the house of £258,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £258,000 | 15 Jan 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 January 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £258,000 results in an estimated price of approximately £354,067.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £258,000 | £96,067 | £354,067 |
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 | -27.666 % | £-71,378 | £186,621 |
| 3 Month Average | 1.664 % | £4,292 | £262,292 |
| 6 Month Average | 8.094 % | £20,882 | £278,882 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £206,809 | £205,000 | 47 CHURCH ROAD |
| 24 Apr 2023 | £171,850 | £170,000 | 2 GLYNWOOD GARDENS |
| 31 Jan 2023 | £100,526 | £101,000 | 9 FLORENCE AVENUE |
| 20 Jan 2023 | £218,969 | £220,000 | 12 EGREMONT DRIVE |
| 26 Aug 2022 | £159,570 | £160,000 | 3 VILLA VIEW |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 31 Mar 2016. Using an estimated price of £354,067 means this house is valued at £2,702 per sq meter (£251 per sq foot).
There is one other house on the street which we know the size of, this is MAXTON CHURCH DRIVE it is 122.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Church Drive |
| Mar 2024 | Public order | Under investigation | On or near Church Drive |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Church Drive |
| Dec 2023 | Anti-social behaviour | On or near Church Drive | |
| Dec 2023 | Anti-social behaviour | On or near Church Drive |