£231,739
This estimated value is based upon the latest sale price for the house of £189,995 on 16 Jan 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 |
---|---|
£189,995 | 16 Jan 2020 |
£190,000 | 20 Dec 2019 |
£192,500 | 9 May 2014 |
Semi-Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 2020 the House Price Index for TYNE AND WEAR was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £189,995 results in an estimated price of approximately £231,739.
16 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.6 | 21.971 % | £189,995 | £41,744 | £231,739 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -36.258 % | £-68,888 | £121,106 |
3 Month Average | 12.236 % | £23,248 | £213,243 |
6 Month Average | 13.385 % | £25,430 | £215,425 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £178,116 | £175,000 | 16 SPENCERS VIEW |
25 Jul 2023 | £229,337 | £226,250 | 4 HADRIAN DRIVE |
24 Feb 2023 | £129,913 | £130,000 | 60 HADRIAN DRIVE |
12 Jan 2023 | £92,564 | £93,000 | 18 HADRIAN DRIVE |
31 Aug 2022 | £274,262 | £275,000 | 110 KING OSWALD DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 29 Jul 2014. Using an estimated price of £231,740 means this house is valued at £1,915 per sq meter (£177 per sq foot).
The average size of a house on KING OSWALD DRIVE is 118 sq meters (1,277 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Nunns Way |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Addison View |
Apr 2024 | Anti-social behaviour | On or near St Hildas Place | |
Apr 2024 | Anti-social behaviour | On or near St Hildas Place | |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near St Hildas Place |