£771,208
This estimated value is based upon the latest sale price for the house of £445,000 on 9 Mar 2011. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £445,000 | 9 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 207 sq meters or 2,236 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 2011 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £445,000 results in an estimated price of approximately £771,208.
| 9 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £445,000 | £326,208 | £771,208 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | 50.284 % | £223,764 | £668,764 |
| 3 Month Average | 31.769 % | £141,371 | £586,371 |
| 6 Month Average | 28.451 % | £126,608 | £571,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £512,880 | £505,000 | 19 MEADOWFIELD DRIVE |
| 30 Oct 2023 | £429,761 | £420,000 | 29 WEST MEADOWS ROAD |
| 29 Sep 2023 | £915,686 | £895,500 | 26 WEST MEADOWS ROAD |
| 9 Jun 2023 | £525,532 | £515,000 | 16 MAYFIELD DRIVE |
| 4 Nov 2022 | £607,161 | £610,000 | 7 WEST FARM ROAD |
This house has a floor area of 207 sq meters or 2,236 sq feet when measured on 6 Sep 2010. Using an estimated price of £771,208 means this house is valued at £3,711 per sq meter (£344 per sq foot).
The average size of a house on WEST FARM ROAD is 289 sq meters (3,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sunderland Road | |
| Sep 2024 | Anti-social behaviour | On or near Sunderland Road | |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunderland Road |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near West Meadows Road |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area |