£238,528
This estimated value is based upon the latest sale price for the house of £228,375 on 18 Feb 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 |
|---|---|
| £228,375 | 18 Feb 2022 |
| £145,000 | 22 Mar 2017 |
| £120,000 | 22 Dec 2010 |
| £160,000 | 29 Aug 2003 |
| £160,000 | 29 Aug 2003 |
| Terraced |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 February 2022 the House Price Index for TYNE AND WEAR was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £228,375 results in an estimated price of approximately £238,528.
| 18 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £228,375 | £10,153 | £238,528 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -51.573 % | £-117,780 | £110,594 |
| 3 Month Average | 2.458 % | £5,614 | £233,989 |
| 6 Month Average | -4.580 % | £-10,460 | £217,914 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £83,836 | £82,250 | 4 VIEWFORTH TERRACE |
| 10 Nov 2023 | £222,861 | £220,000 | 16 BLANCHLAND DRIVE |
| 2 Jun 2023 | £241,962 | £240,000 | 11 THOMPSON ROAD |
| 27 Jan 2023 | £252,780 | £255,000 | 24 VIEWFORTH TERRACE |
| 25 Feb 2022 | £198,447 | £190,000 | 26 BROOMSHIELDS AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 27 Oct 2015. Using an estimated price of £238,529 means this house is valued at £2,021 per sq meter (£187 per sq foot).
The average size of a house on BLANCHLAND DRIVE is 131 sq meters (1,411 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shotley Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bywell Avenue |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Broomshields Avenue |
| Mar 2024 | Anti-social behaviour | On or near Burnhope Drive | |
| Mar 2024 | Anti-social behaviour | On or near Burnhope Drive |