£83,646
This estimated value is based upon the latest sale price for the house of £77,500 on 17 Dec 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£77,500 | 17 Dec 2021 |
£50,000 | 18 Jan 2019 |
£75,000 | 16 Dec 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 2021 the House Price Index for TYNE AND WEAR was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £77,500 results in an estimated price of approximately £83,646.
17 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £77,500 | £6,146 | £83,646 |
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 | 36.299 % | £28,131 | £105,631 |
3 Month Average | 12.739 % | £9,873 | £87,373 |
6 Month Average | -4.775 % | £-3,700 | £73,799 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £78,201 | £77,000 | 97 HAYDON DRIVE |
22 Aug 2023 | £234,224 | £230,000 | 3 DENEWOOD COURT |
10 Feb 2023 | £77,518 | £77,000 | 101 HAYDON DRIVE |
21 Sep 2022 | £238,341 | £238,500 | 71 HAYDON DRIVE |
25 Aug 2022 | £210,987 | £210,000 | 16 DENEWOOD COURT |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Dec 2021. Using an estimated price of £83,646 means this house is valued at £1,520 per sq meter (£141 per sq foot).
The average size of a house on HAYDON DRIVE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Walton Gardens |
May 2024 | Vehicle crime | Under investigation | On or near Dilston Grange |