£635,915
This estimated value is based upon the latest sale price for the house of £550,000 on 14 Dec 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 |
|---|---|
| £550,000 | 14 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 171 sq meters or 1,840 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 December 2020 the House Price Index for TYNE AND WEAR was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £550,000 results in an estimated price of approximately £635,915.
| 14 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £550,000 | £85,915 | £635,915 |
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 | -11.419 % | £-62,806 | £487,193 |
| 3 Month Average | 7.191 % | £39,551 | £589,551 |
| 6 Month Average | 5.356 % | £29,457 | £579,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £320,000 | £320,000 | 61 CLEADON MEADOWS |
| 28 Mar 2024 | £90,947 | £89,550 | 4 PINFOLD COURT BOLDON LANE |
| 18 Dec 2023 | £149,597 | £145,000 | 25 PINFOLD COURT BOLDON LANE |
| 20 Sep 2023 | £112,480 | £110,000 | 36 PINFOLD COURT BOLDON LANE |
| 25 Aug 2023 | £91,653 | £90,000 | 23 PINFOLD COURT BOLDON LANE |
This house has a floor area of 171 sq meters or 1,840 sq feet when measured on 23 Feb 2017. Using an estimated price of £635,915 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on SANDGROVE is 202 sq meters (2,180 sq feet).
This house is the largest in the street with a floor area of 171 sq meters (1,840 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Low Meadow |
| Aug 2024 | Anti-social behaviour | On or near West Park Road | |
| Aug 2024 | Anti-social behaviour | On or near West Park Road | |
| Aug 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Nursery Lane |