£266,439
This estimated value is based upon the latest sale price for the house of £215,000 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £215,000 | 24 Jul 2018 |
| £207,000 | 12 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2018 the House Price Index for TYNE AND WEAR was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £215,000 results in an estimated price of approximately £266,439.
| 24 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £215,000 | £51,439 | £266,439 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 3.363 % | £7,230 | £222,230 |
| 3 Month Average | 8.152 % | £17,525 | £232,525 |
| 6 Month Average | 21.484 % | £46,191 | £261,191 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £268,432 | £265,000 | 26 CLYVEDON RISE |
| 4 Jul 2023 | £380,116 | £375,000 | 21 CLEASIDE AVENUE |
| 20 Feb 2023 | £369,751 | £370,000 | 27 CLEASIDE AVENUE |
| 22 Jul 2022 | £302,314 | £301,500 | 2 CLEASIDE AVENUE |
| 18 Jul 2022 | £330,891 | £330,000 | 20 SUNNISIDE DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Oct 2016. Using an estimated price of £266,440 means this house is valued at £2,257 per sq meter (£209 per sq foot).
The average size of a house on SUNNISIDE DRIVE is 131 sq meters (1,416 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunnirise |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parkshiel |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parkshiel |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkshiel |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Parkshiel |