£255,284
This estimated value is based upon the latest sale price for the house of £205,000 on 28 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£205,000 | 28 May 2019 |
£119,500 | 7 Sep 2001 |
£75,000 | 20 Aug 1999 |
£67,995 | 30 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £205,000 results in an estimated price of approximately £255,284.
28 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 149.7 | 24.529 % | £205,000 | £50,284 | £255,284 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 20.452 % | £41,926 | £246,926 |
3 Month Average | 17.044 % | £34,941 | £239,941 |
6 Month Average | 2.814 % | £5,769 | £210,769 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2022 | £240,133 | £235,000 | 50 CHARTER DRIVE |
14 Jun 2022 | £260,570 | £255,000 | 24 CHARTER DRIVE |
1 Apr 2022 | £210,597 | £203,000 | 11 CHARTER DRIVE |
27 Sep 2021 | £307,759 | £283,500 | 22 CAIRNSIDE |
3 Sep 2021 | £227,970 | £210,000 | 6 CAIRNSIDE |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 7 Sep 2017. Using an estimated price of £255,284 means this house is valued at £1,948 per sq meter (£181 per sq foot).
The average size of a house on CAIRNSIDE is 151 sq meters (1,630 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Charter Drive |
Jul 2024 | Other crime | Under investigation | On or near Steep Hill |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Chad'S Crescent |
Jul 2024 | Anti-social behaviour | On or near Bridle Path | |
Apr 2024 | Anti-social behaviour | On or near Bridle Path |