£231,421
This estimated value is based upon the latest sale price for the house of £114,000 on 21 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£114,000 | 21 May 2004 |
£48,500 | 18 Dec 1998 |
£43,000 | 29 Aug 1995 |
Terraced |
Leasehold |
Floor Area: 73 sq meters or 787 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 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £114,000 results in an estimated price of approximately £231,421.
21 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 149.7 | 103.002 % | £114,000 | £117,421 | £231,421 |
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 | 108.072 % | £123,202 | £237,202 |
3 Month Average | 87.995 % | £100,314 | £214,314 |
6 Month Average | 67.750 % | £77,234 | £191,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £180,496 | £174,950 | 15 SUNHOLME DRIVE |
29 Sep 2023 | £240,297 | £235,000 | 3 EDGE WAY |
10 Aug 2023 | £198,582 | £195,000 | 1 STEPHENSON WAY |
29 Jun 2023 | £142,863 | £140,000 | 18 LOW GARDENS |
23 Jun 2023 | £260,215 | £255,000 | 145 EXETER ROAD |
This house has a floor area of 73 sq meters or 787 sq feet when measured on 8 Apr 2009. Using an estimated price of £231,422 means this house is valued at £3,164 per sq meter (£293 per sq foot).
The average size of a house on SUNHOLME DRIVE is 80 sq meters (862 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Leicester Close | |
May 2024 | Anti-social behaviour | On or near Leicester Close | |
May 2024 | Anti-social behaviour | On or near Leicester Close | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Leicester Close |