£222,968
This estimated value is based upon the latest sale price for the house of £172,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£172,000 | 26 May 2017 |
£175,000 | 28 Nov 2006 |
Detached |
Leasehold |
Floor Area: 96 sq meters or 1,033 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 2017 the House Price Index for TYNE AND WEAR was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £172,000 results in an estimated price of approximately £222,968.
26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 149.7 | 29.633 % | £172,000 | £50,968 | £222,968 |
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 | 35.534 % | £61,118 | £233,118 |
3 Month Average | 25.845 % | £44,453 | £216,453 |
6 Month Average | 13.316 % | £22,903 | £194,903 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Apr 2024 | £151,314 | £150,000 | 38 HAYDON DRIVE |
1 Dec 2023 | £81,504 | £79,000 | 32 HAYDON DRIVE |
22 Aug 2023 | £234,224 | £230,000 | 3 DENEWOOD COURT |
7 Oct 2022 | £40,864 | £41,000 | 40 ARMSTRONG ROAD |
7 Oct 2022 | £40,864 | £41,000 | 39 ARMSTRONG ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 8 Apr 2017. Using an estimated price of £222,968 means this house is valued at £2,322 per sq meter (£215 per sq foot).
The average size of a house on HAYDON DRIVE is 76 sq meters (826 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |
Jul 2024 | Other crime | Under investigation | On or near Armstrong Road |
Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Armstrong Road |
May 2024 | Violence and sexual offences | Under investigation | On or near Armstrong Road |