£91,595
This estimated value is based upon the latest sale price for the house of £85,000 on 21 Sep 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £85,000 | 21 Sep 2021 |
| £85,000 | 18 Oct 2019 |
| £65,000 | 19 Jul 2017 |
| £54,950 | 28 Feb 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £85,000 results in an estimated price of approximately £91,595.
| 21 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £85,000 | £6,595 | £91,595 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 38.802 % | £32,981 | £117,981 |
| 3 Month Average | 49.527 % | £42,098 | £127,098 |
| 6 Month Average | 20.908 % | £17,772 | £102,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £101,730 | £99,950 | 45 DRYDEN COURT DRYDEN ROAD |
| 8 Aug 2023 | £78,184 | £77,500 | 11 BOWES LYON COURT DRYDEN ROAD |
| 18 Apr 2023 | £50,544 | £50,000 | 7 BOWES LYON COURT DRYDEN ROAD |
| 10 Mar 2023 | £105,999 | £105,000 | 25 DRYDEN COURT DRYDEN ROAD |
| 10 Mar 2023 | £52,999 | £52,500 | 32 DRYDEN COURT DRYDEN ROAD |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 5 May 2017. Using an estimated price of £91,595 means this house is valued at £2,234 per sq meter (£207 per sq foot).
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lindum Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lindum Road |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindum Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Holyoake Gardens |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holyoake Gardens |