£1,201,114
This estimated value is based upon the latest sale price for the house of £950,000 on 19 Jan 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £950,000 | 19 Jan 2018 |
| £375,000 | 28 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 402 sq meters or 4,327 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 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £950,000 results in an estimated price of approximately £1,201,114.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £950,000 | £251,114 | £1,201,114 |
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 | 27.246 % | £258,839 | £1,208,839 |
| 3 Month Average | 27.228 % | £258,668 | £1,208,668 |
| 6 Month Average | 24.074 % | £228,706 | £1,178,706 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £512,880 | £505,000 | 19 MEADOWFIELD DRIVE |
| 25 Aug 2023 | £891,071 | £875,000 | 6 SUNNISIDE LANE |
| 9 Jun 2023 | £525,532 | £515,000 | 16 MAYFIELD DRIVE |
| 6 Apr 2023 | £326,099 | £320,000 | 1 SUNNISIDE LANE |
| 6 May 2022 | £616,049 | £600,000 | 14 SUNDERLAND ROAD |
This house has a floor area of 402 sq meters or 4,327 sq feet when measured on 24 Feb 2017. Using an estimated price of £1,201,114 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on SUNDERLAND ROAD is 265 sq meters (2,855 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Thirlmere | |
| Aug 2024 | Anti-social behaviour | On or near Thirlmere | |
| Aug 2024 | Anti-social behaviour | On or near Thirlmere | |
| Jul 2024 | Vehicle crime | Under investigation | On or near Thirlmere |
| Jul 2024 | Vehicle crime | Under investigation | On or near Thirlmere |