£173,665
This estimated value is based upon the latest sale price for the house of £133,000 on 2 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Nine Lands
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| Price Paid | Date |
|---|---|
| £133,000 | 2 Mar 2017 |
| £133,000 | 16 Dec 2016 |
| £135,000 | 7 Feb 2014 |
| £129,950 | 31 Jan 2005 |
| £132,000 | 30 Sep 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £133,000 results in an estimated price of approximately £173,665.
| 2 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £133,000 | £40,665 | £173,665 |
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 | -33.839 % | £-45,005 | £87,994 |
| 3 Month Average | 2.631 % | £3,499 | £136,499 |
| 6 Month Average | 5.638 % | £7,498 | £140,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £168,001 | £165,420 | 12 HUTTON CLOSE |
| 20 Dec 2023 | £118,646 | £115,000 | 147 DAIRY LANE |
| 10 Nov 2023 | £164,167 | £160,000 | 66 NINE LANDS |
| 31 Jan 2023 | £156,418 | £156,000 | 86 NINE LANDS |
| 24 Jun 2022 | £137,949 | £135,000 | 14 DUNELM DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 3 Dec 2013. Using an estimated price of £173,665 means this house is valued at £2,255 per sq meter (£209 per sq foot).
The average size of a house on NINE LANDS is 95 sq meters (1,031 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Nine Lands |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Nine Lands |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Nine Lands |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Longacre |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Oval |