£212,574
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£210,000 | 30 Jun 2023 |
£166,000 | 18 Jan 2018 |
£140,000 | 26 Sep 2007 |
Semi-Detached |
Freehold |
Floor Area: 82 sq meters or 882 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 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £210,000 results in an estimated price of approximately £212,574.
30 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.8 | 148.6 | 1.226 % | £210,000 | £2,574 | £212,574 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 82.988 % | £174,275 | £384,275 |
3 Month Average | -8.633 % | £-18,130 | £191,869 |
6 Month Average | -17.360 % | £-36,455 | £173,544 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £248,682 | £245,000 | 9 SHIELDS ROAD |
17 Nov 2023 | £329,884 | £325,000 | 18 BARRINGTON AVENUE |
31 Aug 2023 | £181,589 | £180,000 | 1 BEDALE DRIVE |
4 Aug 2023 | £196,721 | £195,000 | 23 ZETLAND DRIVE |
30 Jun 2023 | £212,575 | £210,000 | 5 COTSWOLD DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 20 Jul 2016. Using an estimated price of £212,575 means this house is valued at £2,592 per sq meter (£240 per sq foot).
The average size of a house on COTSWOLD DRIVE is 163 sq meters (1,755 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cotswold Drive |
Mar 2024 | Other crime | Investigation complete; no suspect identified | On or near Cotswold Drive |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
Apr 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |