£344,063
This estimated value is based upon the latest sale price for the house of £200,000 on 4 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £200,000 | 4 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 March 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £200,000 results in an estimated price of approximately £344,063.
| 4 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.6 | 72.032 % | £200,000 | £144,063 | £344,063 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -7.295 % | £-14,589 | £185,410 |
| 3 Month Average | 28.211 % | £56,421 | £256,421 |
| 6 Month Average | 27.803 % | £55,605 | £255,605 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,730 | £99,950 | 45 DRYDEN COURT DRYDEN ROAD |
| 8 Aug 2023 | £78,184 | £77,500 | 11 BOWES LYON COURT DRYDEN ROAD |
| 23 Jun 2023 | £387,190 | £382,500 | 43 ESSEX GARDENS |
| 18 Apr 2023 | £50,544 | £50,000 | 7 BOWES LYON COURT DRYDEN ROAD |
| 6 Sep 2022 | £66,959 | £67,500 | 29 BOWES LYON COURT DRYDEN ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 4 Sep 2020. Using an estimated price of £344,064 means this house is valued at £2,966 per sq meter (£275 per sq foot).
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerfield Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindum Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lindum Road |