£309,554
This estimated value is based upon the latest sale price for the house of £210,000 on 27 Mar 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 |
---|---|
£210,000 | 27 Mar 2015 |
£175,000 | 24 Feb 2012 |
£184,000 | 15 Jan 2008 |
£65,000 | 21 Mar 1997 |
Semi-Detached |
Freehold |
Floor Area: 114 sq meters or 1,233 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 March 2015 the House Price Index for TYNE AND WEAR was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £210,000 results in an estimated price of approximately £309,554.
27 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 148.6 | 47.407 % | £210,000 | £99,554 | £309,554 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 92.135 % | £193,484 | £403,484 |
3 Month Average | 26.904 % | £56,497 | £266,497 |
6 Month Average | 30.779 % | £64,636 | £274,636 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £226,971 | £223,000 | 30 TURBINIA GARDENS |
19 Sep 2023 | £261,342 | £258,000 | 38 TURBINIA GARDENS |
17 Feb 2023 | £369,751 | £370,000 | 9 SHERFIELD DRIVE |
19 Jan 2023 | £363,289 | £365,000 | 5 TURBINIA GARDENS |
16 May 2022 | £258,878 | £254,000 | 52 TURBINIA GARDENS |
This house has a floor area of 114 sq meters or 1,233 sq feet when measured on 5 Sep 2011. Using an estimated price of £309,554 means this house is valued at £2,700 per sq meter (£250 per sq foot).
The average size of a house on SHERFIELD DRIVE is 114 sq meters (1,235 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Benton Hall Walk |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Felixstowe Drive |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Felixstowe Drive |
Feb 2024 | Criminal damage and arson | Under investigation | On or near Felixstowe Drive |
Jan 2024 | Anti-social behaviour | On or near Felixstowe Drive |