£321,621
This estimated value is based upon the latest sale price for the house of £261,000 on 30 Nov 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 |
|---|---|
| £261,000 | 30 Nov 2018 |
| £185,000 | 16 Mar 2007 |
| £185,000 | 16 Mar 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 141 sq meters or 1,517 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £261,000 results in an estimated price of approximately £321,621.
| 30 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £261,000 | £60,621 | £321,621 |
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 | -11.246 % | £-29,351 | £231,648 |
| 3 Month Average | 15.683 % | £40,933 | £301,933 |
| 6 Month Average | 17.495 % | £45,662 | £306,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £87,039 | £85,750 | 137 DARTMOUTH AVENUE |
| 15 Sep 2023 | £202,590 | £200,000 | 28 TORQUAY GARDENS |
| 18 Aug 2023 | £345,523 | £342,500 | 29 CROMER AVENUE |
| 28 Apr 2023 | £116,252 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 3 Apr 2023 | £217,340 | £215,000 | 97 DARTMOUTH AVENUE |
This house has a floor area of 141 sq meters or 1,517 sq feet when measured on 28 Sep 2018. Using an estimated price of £321,621 means this house is valued at £2,281 per sq meter (£211 per sq foot).
The average size of a house on DORCHESTER GARDENS is 121 sq meters (1,306 sq feet).
This house is the largest in the street with a floor area of 141 sq meters (1,517 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wells Gardens |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Dawlish Gardens |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens |