£257,990
This estimated value is based upon the latest sale price for the house of £195,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £195,000 | 16 Sep 2016 |
| £86,000 | 22 Mar 1996 |
| Detached |
| Leasehold |
| Floor Area: 108 sq meters or 1,165 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 September 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 32.303%.Applying this 32.303% change to the original purchase price of £195,000 results in an estimated price of approximately £257,990.
| 16 Sep 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.0 | 32.303 % | £195,000 | £62,990 | £257,990 |
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 | -16.209 % | £-31,606 | £163,393 |
| 3 Month Average | 17.307 % | £33,748 | £228,748 |
| 6 Month Average | 8.943 % | £17,439 | £212,439 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £273,511 | £270,000 | 11 SILVERDALE |
| 2 Jun 2023 | £211,717 | £210,000 | 4 PERRYCROFTS |
| 31 Mar 2023 | £206,114 | £205,000 | 17 PERRYCROFTS |
| 25 Feb 2022 | £188,055 | £180,050 | 10 FAIRMILE DRIVE |
| 15 Sep 2021 | £123,423 | £115,000 | 25 HONEYSUCKLE CLOSE |
This house has a floor area of 108 sq meters or 1,165 sq feet when measured on 5 Jul 2010. Using an estimated price of £257,990 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on SILVERDALE is 112 sq meters (1,212 sq feet).
This house is the largest in the street with a floor area of 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverdale |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverdale |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chandos |
| Feb 2024 | Burglary | Awaiting court outcome | On or near Cam Mead |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Perrycrofts |