£360,419
This estimated value is based upon the latest sale price for the house of £212,500 on 8 Jun 2012. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £212,500 | 8 Jun 2012 |
| £142,950 | 27 Sep 2002 |
| Detached |
| Freehold |
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 2012 the House Price Index for TYNE AND WEAR was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £212,500 results in an estimated price of approximately £360,419.
| 8 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 148.6 | 69.609 % | £212,500 | £147,919 | £360,419 |
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 | 5.209 % | £11,069 | £223,569 |
| 3 Month Average | 14.746 % | £31,336 | £243,836 |
| 6 Month Average | 16.659 % | £35,401 | £247,901 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2023 | £252,206 | £250,000 | 132 WEYMOUTH DRIVE |
| 31 Aug 2022 | £418,872 | £420,000 | 143 WEYMOUTH DRIVE |
| 12 Aug 2022 | £274,262 | £275,000 | 148 WEYMOUTH DRIVE |
| 29 Mar 2022 | £431,603 | £416,500 | 84 WEYMOUTH DRIVE |
| 24 Sep 2021 | £285,562 | £265,000 | 122 WEYMOUTH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hornbeam |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Paddock Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Medlar Close |
| Mar 2024 | Anti-social behaviour | On or near Medlar Close | |
| Mar 2024 | Anti-social behaviour | On or near Medlar Close |