£178,384
This estimated value is based upon the latest sale price for the house of £141,500 on 10 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£141,500 | 10 Nov 2017 |
£142,500 | 14 Apr 2016 |
£104,950 | 19 Apr 2004 |
£49,950 | 28 May 1999 |
£47,950 | 22 Aug 1997 |
Semi-Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £141,500 results in an estimated price of approximately £178,384.
10 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £141,500 | £36,884 | £178,384 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -11.102 % | £-15,710 | £125,789 |
3 Month Average | -2.787 % | £-3,943 | £137,556 |
6 Month Average | 13.290 % | £18,805 | £160,305 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £143,839 | £142,000 | 56 WELLANDS LANE |
1 Jun 2023 | £207,514 | £205,000 | 22 WELLANDS COURT |
17 Feb 2023 | £123,667 | £123,750 | 10 WELLANDS COURT |
24 Jun 2022 | £228,327 | £225,100 | 38 WELLANDS LANE |
23 Jun 2022 | £192,724 | £190,000 | 90 WELLANDS LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 3 Feb 2016. Using an estimated price of £178,385 means this house is valued at £2,074 per sq meter (£192 per sq foot).
The average size of a house on HILLSIDE DRIVE is 105 sq meters (1,140 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Local resolution | On or near West Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fieldside |