£135,175
This estimated value is based upon the latest sale price for the house of £127,500 on 14 Jan 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£127,500 | 14 Jan 2022 |
£110,000 | 16 Apr 2010 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 818 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 January 2022 the House Price Index for TYNE AND WEAR was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £127,500 results in an estimated price of approximately £135,175.
14 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.2 | 149.7 | 6.020 % | £127,500 | £7,675 | £135,175 |
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 | 29.134 % | £37,145 | £164,645 |
3 Month Average | 22.694 % | £28,935 | £156,435 |
6 Month Average | 6.192 % | £7,895 | £135,395 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Apr 2024 | £142,740 | £141,500 | 2 STANLEY GARDENS |
23 Oct 2023 | £175,112 | £171,135 | 109 SEAHAM GARDENS |
15 Sep 2023 | £143,156 | £140,000 | 3 SACRISTON GARDENS |
4 Aug 2023 | £145,117 | £142,500 | 2 SATLEY GARDENS |
14 Apr 2023 | £145,216 | £142,500 | 19 STAINTON GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Nov 2021. Using an estimated price of £135,175 means this house is valued at £1,778 per sq meter (£165 per sq foot).
The average size of a house on SACRISTON GARDENS is 91 sq meters (985 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Stanley Gardens |
Jun 2024 | Other theft | Under investigation | On or near Stanley Gardens |
Aug 2024 | Anti-social behaviour | On or near Silksworth Gardens | |
Aug 2024 | Anti-social behaviour | On or near Silksworth Gardens | |
Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Silksworth Gardens |