£135,950
This estimated value is based upon the latest sale price for the house of £132,500 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £132,500 | 30 Nov 2023 |
| £138,950 | 27 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £132,500 results in an estimated price of approximately £135,950.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £132,500 | £3,450 | £135,950 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 102.791 % | £136,197 | £268,697 |
| 3 Month Average | 7.748 % | £10,265 | £142,765 |
| 6 Month Average | -0.693 % | £-918 | £131,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £182,809 | £180,000 | 51 ABERFORD DRIVE |
| 30 Nov 2023 | £135,951 | £132,500 | 12 ABERFORD DRIVE |
| 29 Aug 2023 | £67,212 | £66,000 | 13 BLOSSOM GROVE |
| 12 Jan 2023 | £275,737 | £275,000 | 44 ABERFORD DRIVE |
| 6 Jul 2022 | £183,842 | £182,000 | 4 ABERFORD DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 2 Mar 2020. Using an estimated price of £135,951 means this house is valued at £1,999 per sq meter (£185 per sq foot).
The average size of a house on ABERFORD DRIVE is 99 sq meters (1,074 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Success Road | |
| Jul 2024 | Anti-social behaviour | On or near Success Road | |
| Jul 2024 | Anti-social behaviour | On or near Success Road | |
| Jun 2024 | Other crime | Under investigation | On or near Trinity Park |
| Jun 2024 | Anti-social behaviour | On or near Goodrich Close |