£401,653
This estimated value is based upon the latest sale price for the house of £235,000 on 23 Mar 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 |
|---|---|
| £235,000 | 23 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 49 sq meters or 533 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 March 2012 the House Price Index for TYNE AND WEAR was 86.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.916%.Applying this 70.916% change to the original purchase price of £235,000 results in an estimated price of approximately £401,653.
| 23 Mar 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 148.6 | 70.916 % | £235,000 | £166,653 | £401,653 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -30.127 % | £-70,799 | £164,200 |
| 3 Month Average | -14.833 % | £-34,857 | £200,142 |
| 6 Month Average | -7.211 % | £-16,945 | £218,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £197,526 | £195,000 | 24 FAIRBURN AVENUE |
| 9 Jun 2023 | £60,736 | £60,000 | 9 WORDSWORTH AVENUE EAST |
| 3 Feb 2023 | £358,759 | £359,000 | 64 CRESTA VIEW |
| 3 Feb 2023 | £107,927 | £108,000 | 18 MORRIS TERRACE |
| 3 Jan 2023 | £233,898 | £235,000 | MANSTON GILLAS LANE EAST |
This house has a floor area of 49 sq meters or 533 sq feet when measured on 13 Oct 2011. Using an estimated price of £401,654 means this house is valued at £8,109 per sq meter (£753 per sq foot).
The average size of a house on SYCAMORE CLOSE is 111 sq meters (1,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near B1260 |
| Mar 2024 | Burglary | Under investigation | On or near Milton Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Milton Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Milton Avenue |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Milton Avenue |