£212,706
This estimated value is based upon the latest sale price for the house of £130,000 on 28 Oct 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£130,000 | 28 Oct 2013 |
Detached |
Freehold |
Floor Area: 61 sq meters or 656 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 October 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £130,000 results in an estimated price of approximately £212,706.
28 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £130,000 | £82,706 | £212,706 |
The Postcode Pricing Model uses changes in average sales price within the NE39 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 | -2.929 % | £-3,807 | £126,192 |
3 Month Average | -19.986 % | £-25,981 | £104,018 |
6 Month Average | 22.723 % | £29,540 | £159,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2023 | £198,739 | £197,000 | 11 SHERBURN GREEN |
2 Sep 2022 | £237,085 | £239,000 | 6 SHERBURN GREEN |
2 Aug 2022 | £239,351 | £239,995 | 12 SHERBURN PARK DRIVE |
12 May 2022 | £142,689 | £140,000 | 10 DOMINIES CLOSE |
31 Mar 2022 | £244,553 | £235,995 | 22 SHERBURN GREEN |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 4 Jun 2013. Using an estimated price of £212,707 means this house is valued at £3,487 per sq meter (£323 per sq foot).
The average size of a house on SHERBURN GREEN is 80 sq meters (868 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Dominies Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lilley Terrace |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Garesfield Gardens |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Rookswood Gardens |
Feb 2024 | Anti-social behaviour | On or near Norwood Crescent |