£217,290
This estimated value is based upon the latest sale price for the house of £183,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £183,000 | 25 Sep 2020 |
| £174,000 | 21 Aug 2009 |
| £136,000 | 21 Nov 2003 |
| £69,995 | 31 Aug 1995 |
| 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £183,000 results in an estimated price of approximately £217,290.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £183,000 | £34,290 | £217,290 |
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 | 31.818 % | £58,226 | £241,226 |
| 3 Month Average | 19.113 % | £34,976 | £217,976 |
| 6 Month Average | 16.655 % | £30,478 | £213,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £305,342 | £300,000 | 5 DUNRAVEN CLOSE |
| 29 Nov 2023 | £299,433 | £295,000 | 6 DUNRAVEN CLOSE |
| 25 Sep 2023 | £243,108 | £240,000 | 8 ROMNEY CLOSE |
| 21 Jul 2023 | £228,070 | £225,000 | 7 CHURSTON CLOSE |
| 15 Jul 2022 | £230,621 | £230,000 | 9 GRANVILLE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dunraven Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dunraven Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dunraven Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goodrich Close |
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area |