£99,831
This estimated value is based upon the latest sale price for the house of £80,250 on 17 Sep 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 |
---|---|
£80,250 | 17 Sep 2018 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £80,250 results in an estimated price of approximately £99,831.
17 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £80,250 | £19,581 | £99,831 |
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 | -38.601 % | £-30,977 | £49,272 |
3 Month Average | 2.234 % | £1,792 | £82,042 |
6 Month Average | 4.640 % | £3,723 | £83,973 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £87,214 | £85,000 | 3 HOLYSTONE CLOSE |
24 Aug 2023 | £77,396 | £76,000 | 14 BLIND LANE |
16 May 2022 | £176,601 | £172,000 | 3 WOODWHITE CLOSE |
29 Apr 2022 | £132,271 | £127,500 | 13 ABBEY DRIVE |
12 Apr 2022 | £115,154 | £111,000 | 27 ABBEY DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 1 Aug 2018. Using an estimated price of £99,832 means this house is valued at £1,202 per sq meter (£111 per sq foot).
The average size of a house on ABBEY DRIVE is 87 sq meters (944 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Under investigation | On or near Newminster Close |
Jul 2024 | Anti-social behaviour | On or near Rosedale Crescent | |
Jun 2024 | Other crime | Under investigation | On or near Rosedale Crescent |
Jun 2024 | Other crime | Under investigation | On or near Barley Close |
May 2024 | Other crime | Under investigation | On or near Barley Close |