£227,573
This estimated value is based upon the latest sale price for the house of £137,000 on 12 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £137,000 | 12 Jul 2013 |
| £165,000 | 9 Mar 2007 |
| Detached |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 July 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £137,000 results in an estimated price of approximately £227,573.
| 12 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £137,000 | £90,573 | £227,573 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 36.681 % | £50,253 | £187,253 |
| 3 Month Average | 25.223 % | £34,555 | £171,555 |
| 6 Month Average | 25.405 % | £34,805 | £171,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £77,000 | £77,000 | 97 HAYDON DRIVE |
| 1 Dec 2023 | £80,407 | £79,000 | 32 HAYDON DRIVE |
| 22 Aug 2023 | £232,030 | £230,000 | 3 DENEWOOD COURT |
| 10 Feb 2023 | £76,948 | £77,000 | 101 HAYDON DRIVE |
| 7 Oct 2022 | £40,563 | £41,000 | 40 ARMSTRONG ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Feb 2013. Using an estimated price of £227,574 means this house is valued at £2,615 per sq meter (£243 per sq foot).
The average size of a house on HAYDON DRIVE is 76 sq meters (826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Haydon Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
| Apr 2024 | Public order | Under investigation | On or near Armstrong Road |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Armstrong Road |
| Mar 2024 | Public order | Under investigation | On or near Armstrong Road |