£261,230
This estimated value is based upon the latest sale price for the house of £79,950 on 12 Oct 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£79,950 | 12 Oct 2001 |
£67,950 | 14 Jan 1999 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 October 2001 the House Price Index for TYNE AND WEAR was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £79,950 results in an estimated price of approximately £261,230.
12 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £79,950 | £181,280 | £261,230 |
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 | 20.691 % | £16,542 | £96,492 |
3 Month Average | 100.254 % | £80,153 | £160,103 |
6 Month Average | 107.174 % | £85,685 | £165,635 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £199,532 | £195,000 | 20 DAINTON CLOSE |
19 Jul 2022 | £252,525 | £249,995 | 30 OKEHAMPTON DRIVE |
30 Jun 2022 | £281,007 | £275,000 | 3 THURLESTON |
26 Nov 2021 | £333,393 | £306,000 | 1 ELFORDLEIGH |
28 Sep 2021 | £178,033 | £164,000 | 7 DAINTON CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Feb 2017. Using an estimated price of £261,230 means this house is valued at £3,109 per sq meter (£288 per sq foot).
The average size of a house on OKEHAMPTON DRIVE is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Churston Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Warren Close |
Jul 2024 | Anti-social behaviour | On or near Sparkwell Close | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Torrington Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Torrington Close |