£194,449
This estimated value is based upon the latest sale price for the house of £150,000 on 17 May 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 |
---|---|
£150,000 | 17 May 2017 |
£172,000 | 18 Jan 2008 |
£68,995 | 29 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 May 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £150,000 results in an estimated price of approximately £194,449.
17 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £150,000 | £44,449 | £194,449 |
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 | -31.949 % | £-47,923 | £102,076 |
3 Month Average | 11.167 % | £16,750 | £166,750 |
6 Month Average | 7.399 % | £11,097 | £161,097 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £199,532 | £195,000 | 20 DAINTON CLOSE |
19 Jul 2022 | £252,525 | £249,995 | 30 OKEHAMPTON DRIVE |
30 Jun 2022 | £281,007 | £275,000 | 3 THURLESTON |
26 Nov 2021 | £333,393 | £306,000 | 1 ELFORDLEIGH |
28 Sep 2021 | £178,033 | £164,000 | 7 DAINTON CLOSE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 10 Jun 2016. Using an estimated price of £194,449 means this house is valued at £2,314 per sq meter (£215 per sq foot).
The average size of a house on OKEHAMPTON DRIVE is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Churston Close |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Warren Close |
Jul 2024 | Anti-social behaviour | On or near Sparkwell Close | |
Jun 2024 | Criminal damage and arson | Under investigation | On or near Torrington Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Torrington Close |