£269,362
This estimated value is based upon the latest sale price for the house of £175,000 on 16 Jul 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £175,000 | 16 Jul 2014 |
| £88,750 | 9 Jul 1999 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2014 the House Price Index for TYNE AND WEAR was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £175,000 results in an estimated price of approximately £269,362.
| 16 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £175,000 | £94,362 | £269,362 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -15.851 % | £-27,739 | £147,260 |
| 3 Month Average | 9.375 % | £16,406 | £191,406 |
| 6 Month Average | 5.510 % | £9,643 | £184,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Oct 2023 | £253,252 | £247,500 | 39 TRINITY PARK |
| 20 Oct 2023 | £389,854 | £381,000 | 54 TRINITY PARK |
| 25 Apr 2022 | £6,743 | £6,500 | 70 TRINITY PARK |
| 23 Jul 2021 | £167,877 | £145,000 | 29 ABERFORD DRIVE |
| 30 Jun 2021 | £291,834 | £270,000 | 52 TRINITY PARK |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 21 May 2014. Using an estimated price of £269,363 means this house is valued at £2,748 per sq meter (£255 per sq foot).
The average size of a house on TRINITY PARK is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Under investigation | On or near Trinity Park |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Trinity Park |
| Jul 2024 | Anti-social behaviour | On or near Success Road | |
| Apr 2024 | Anti-social behaviour | On or near West View | |
| Apr 2024 | Anti-social behaviour | On or near West View |