£293,664
This estimated value is based upon the latest sale price for the house of £206,995 on 4 Sep 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £206,995 | 4 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2015 the House Price Index for TYNE AND WEAR was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £206,995 results in an estimated price of approximately £293,664.
| 4 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £206,995 | £86,669 | £293,664 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -16.613 % | £-34,388 | £172,606 |
| 3 Month Average | 11.738 % | £24,298 | £231,293 |
| 6 Month Average | 23.122 % | £47,861 | £254,856 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £227,914 | £225,000 | 38 CROMWELL FORD WAY |
| 23 Aug 2023 | £226,986 | £225,000 | 34 CROMWELL FORD WAY |
| 30 Jun 2023 | £161,962 | £160,000 | 26 HADRIAN DRIVE |
| 22 Jul 2022 | £96,259 | £96,000 | 84 CROMWELL FORD WAY |
| 20 May 2022 | £226,263 | £222,000 | 17 SURTEES HAUGH |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 19 Jun 2015. Using an estimated price of £293,665 means this house is valued at £2,488 per sq meter (£231 per sq foot).
The average size of a house on KING OSWALD DRIVE is 118 sq meters (1,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near St Hildas Place | |
| Apr 2024 | Anti-social behaviour | On or near St Hildas Place | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near St Hildas Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cromwell Ford Way |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cromwell Ford Way |