£295,985
This estimated value is based upon the latest sale price for the house of £170,000 on 3 Dec 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Further/Higher Educational Building
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Price Paid | Date |
---|---|
£170,000 | 3 Dec 2009 |
£183,000 | 21 Dec 2006 |
£90,000 | 26 Jan 2001 |
£65,000 | 15 Oct 1999 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,059 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 December 2009 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £170,000 results in an estimated price of approximately £295,985.
3 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £170,000 | £125,985 | £295,985 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 5.056 % | £8,594 | £178,594 |
3 Month Average | 11.777 % | £20,021 | £190,021 |
6 Month Average | 18.264 % | £31,048 | £201,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £337,669 | £330,000 | 2 CLIFTON GARDENS |
6 Apr 2023 | £385,513 | £378,302 | 9 LIMETREES GARDENS |
19 Aug 2022 | £496,321 | £494,000 | 11 VALLEY DRIVE |
11 Jul 2022 | £387,887 | £384,000 | 4 VALLEY DRIVE |
25 Feb 2022 | £302,147 | £286,000 | 110 DRYDEN ROAD |
This house has a floor area of 98 sq meters or 1,059 sq feet when measured on 23 Jan 2009. Using an estimated price of £295,985 means this house is valued at £3,007 per sq meter (£279 per sq foot).
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valley Drive |
Jul 2024 | Anti-social behaviour | On or near Evistones Road | |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |