£277,820
This estimated value is based upon the latest sale price for the house of £199,500 on 27 Nov 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 |
|---|---|
| £199,500 | 27 Nov 2015 |
| £127,500 | 22 Dec 1998 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £199,500 results in an estimated price of approximately £277,820.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £199,500 | £78,320 | £277,820 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | 19.253 % | £38,409 | £237,909 |
| 3 Month Average | -0.428 % | £-853 | £198,646 |
| 6 Month Average | 0.527 % | £1,051 | £200,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £100,282 | £99,000 | 35 BRIDLE WAY |
| 31 Aug 2023 | £428,751 | £425,000 | 18 THE GROVE |
| 30 Jun 2023 | £180,183 | £178,000 | 5 WINDSOR DRIVE |
| 1 Mar 2023 | £262,473 | £260,000 | 3 THE GROVE |
| 3 Feb 2023 | £167,387 | £167,500 | 12 BRIDLE WAY |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 15 Aug 2013. Using an estimated price of £277,821 means this house is valued at £3,429 per sq meter (£318 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainton Grove |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near The Grove |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Grove |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dunholm Close |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Bradley Avenue |