£55,431
This estimated value is based upon the latest sale price for the house of £41,200 on 3 Jun 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £41,200 | 3 Jun 2016 |
| £7,875 | 1 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 June 2016 the House Price Index for TYNE AND WEAR was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £41,200 results in an estimated price of approximately £55,431.
| 3 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £41,200 | £14,231 | £55,431 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 76.994 % | £31,721 | £72,921 |
| 3 Month Average | 33.526 % | £13,812 | £55,012 |
| 6 Month Average | 22.206 % | £9,148 | £50,348 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £125,344 | £123,000 | 22 OBAN AVENUE |
| 18 Jan 2023 | £110,295 | £110,000 | 4 OBAN AVENUE |
| 13 Jan 2023 | £135,362 | £135,000 | 96 CONISTON ROAD |
| 6 Jan 2023 | £106,284 | £106,000 | 64 CONISTON ROAD |
| 17 Mar 2022 | £129,448 | £124,000 | 56 CONISTON ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 8 Mar 2016. Using an estimated price of £55,432 means this house is valued at £1,131 per sq meter (£105 per sq foot).
The average size of a house on SANDOWN COURT is 85 sq meters (920 sq feet).
This house is the smallest in the street with a floor area of 49 sq meters (527 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sandown Gardens |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandown Gardens |
| May 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Sandown Gardens |
| May 2024 | Violence and sexual offences | Offender given a caution | On or near Sandown Gardens |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Sandown Gardens |