£356,913
This estimated value is based upon the latest sale price for the house of £126,500 on 22 Jul 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Dachet Road
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Price Paid | Date |
---|---|
£126,500 | 22 Jul 2002 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 2002 the House Price Index for TYNE AND WEAR was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £126,500 results in an estimated price of approximately £356,913.
22 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 149.7 | 182.145 % | £126,500 | £230,413 | £356,913 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 60.479 % | £76,506 | £203,006 |
3 Month Average | 213.489 % | £270,063 | £396,563 |
6 Month Average | 203.578 % | £257,525 | £384,025 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 May 2024 | £875,000 | £875,000 | 16 BEAUMONT DRIVE |
5 Mar 2024 | £564,676 | £556,000 | 52 EARNSHAW WAY |
15 Sep 2023 | £395,723 | £387,000 | 19 EARNSHAW WAY |
10 Aug 2023 | £779,051 | £765,000 | 35 EARNSHAW WAY |
14 Nov 2022 | £543,459 | £546,000 | 8 CHEVINGTON GROVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 1 Jun 2015. Using an estimated price of £356,914 means this house is valued at £5,248 per sq meter (£487 per sq foot).
The average size of a house on DIPTON ROAD is 159 sq meters (1,714 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Burglary | Under investigation | On or near Dachet Road |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Beaumont Drive |
Jun 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Close |
May 2024 | Public order | Under investigation | On or near Beaconsfield Close |
Jul 2024 | Anti-social behaviour | On or near Ashton Way |