£243,413
This estimated value is based upon the latest sale price for the house of £205,000 on 2 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£205,000 | 2 Sep 2020 |
£182,000 | 24 Apr 2009 |
£192,950 | 30 Apr 2008 |
Detached |
Freehold |
Floor Area: 101 sq meters or 1,087 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 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £205,000 results in an estimated price of approximately £243,413.
2 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 148.6 | 18.738 % | £205,000 | £38,413 | £243,413 |
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 | 16.046 % | £32,894 | £237,894 |
3 Month Average | -1.419 % | £-2,908 | £202,091 |
6 Month Average | 5.274 % | £10,811 | £215,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £77,000 | £77,000 | 97 HAYDON DRIVE |
28 Jul 2023 | £240,233 | £237,000 | 7 HAYDON DRIVE |
10 Feb 2023 | £76,948 | £77,000 | 101 HAYDON DRIVE |
17 Nov 2022 | £188,714 | £191,000 | 36 HORSLEY VIEW |
21 Sep 2022 | £236,589 | £238,500 | 71 HAYDON DRIVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 16 May 2019. Using an estimated price of £243,413 means this house is valued at £2,410 per sq meter (£223 per sq foot).
The average size of a house on HORSLEY VIEW is 88 sq meters (955 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Horsley View | |
Mar 2024 | Anti-social behaviour | On or near Horsley View | |
Mar 2024 | Other crime | Under investigation | On or near Dilston Grange |
Mar 2024 | Other crime | Under investigation | On or near Dilston Grange |
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Walton Gardens |