£397,569
This estimated value is based upon the latest sale price for the house of £144,950 on 15 Aug 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£144,950 | 15 Aug 2002 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 August 2002 the House Price Index for TYNE AND WEAR was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £144,950 results in an estimated price of approximately £397,569.
15 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
54.2 | 148.6 | 174.280 % | £144,950 | £252,619 | £397,569 |
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 | 88.982 % | £128,979 | £273,929 |
3 Month Average | 84.070 % | £121,858 | £266,808 |
6 Month Average | 96.203 % | £139,446 | £284,396 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jun 2022 | £304,351 | £300,050 | 45 COTTONWOOD |
10 Dec 2021 | £214,275 | £200,000 | 7 SHELLBARK |
15 Oct 2021 | £200,273 | £181,000 | 10 MEDLAR CLOSE |
5 Jul 2021 | £305,705 | £266,000 | 28 COTTONWOOD |
18 Dec 2020 | £344,888 | £300,500 | 20 SHELLBARK |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 1 Aug 2014. Using an estimated price of £397,569 means this house is valued at £3,549 per sq meter (£329 per sq foot).
The average size of a house on SHELLBARK is 120 sq meters (1,301 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Lacebark |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medlar Close |
Mar 2024 | Anti-social behaviour | On or near Medlar Close | |
Mar 2024 | Anti-social behaviour | On or near Medlar Close | |
Mar 2024 | Anti-social behaviour | On or near Brentwood Road |