£285,682
This estimated value is based upon the latest sale price for the house of £232,500 on 23 Jan 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 |
---|---|
£232,500 | 23 Jan 2020 |
£229,950 | 30 Jun 2015 |
Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 January 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £232,500 results in an estimated price of approximately £285,682.
23 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 149.7 | 22.874 % | £232,500 | £53,182 | £285,682 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -2.991 % | £-6,952 | £225,547 |
3 Month Average | 32.263 % | £75,012 | £307,512 |
6 Month Average | 8.462 % | £19,673 | £252,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £330,071 | £325,000 | 42 CROMWELL FORD WAY |
8 Dec 2023 | £106,265 | £103,000 | 22 KLONDYKE WALK |
28 Sep 2023 | £171,276 | £167,500 | 17 KLONDYKE WALK |
1 Sep 2023 | £230,072 | £225,000 | 38 CROMWELL FORD WAY |
23 Aug 2023 | £229,133 | £225,000 | 34 CROMWELL FORD WAY |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 6 Jan 2015. Using an estimated price of £285,683 means this house is valued at £2,550 per sq meter (£236 per sq foot).
The average size of a house on KING OSWALD DRIVE is 118 sq meters (1,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near St Hildas Place | |
May 2024 | Anti-social behaviour | On or near St Hildas Place | |
May 2024 | Anti-social behaviour | On or near St Hildas Place | |
May 2024 | Anti-social behaviour | On or near St Hildas Place | |
May 2024 | Anti-social behaviour | On or near St Hildas Place |