£429,244
This estimated value is based upon the latest sale price for the house of £238,000 on 6 Jan 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£238,000 | 6 Jan 2006 |
£169,000 | 9 May 2003 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2006 the House Price Index for TYNE AND WEAR was 83.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 80.355%.Applying this 80.355% change to the original purchase price of £238,000 results in an estimated price of approximately £429,244.
6 Jan 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.0 | 149.7 | 80.355 % | £238,000 | £191,244 | £429,244 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 55.162 % | £131,286 | £369,286 |
3 Month Average | 38.341 % | £91,252 | £329,252 |
6 Month Average | 48.434 % | £115,272 | £353,272 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2023 | £287,293 | £280,000 | 9 MANOR PLACE |
29 Sep 2023 | £168,719 | £165,000 | 186 FAIRWAYS AVENUE |
11 Aug 2023 | £410,911 | £403,500 | 16 MANOR GROVE |
9 Jun 2023 | £121,025 | £118,600 | 7 MANOR WALK |
21 Apr 2023 | £259,860 | £255,000 | 5 MANOR PLACE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 5 Jun 2013. Using an estimated price of £429,245 means this house is valued at £4,167 per sq meter (£387 per sq foot).
The average size of a house on MANOR DRIVE is 126 sq meters (1,361 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Portrush Way |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hoylake Avenue |
Jul 2024 | Burglary | Under investigation | On or near Hoylake Avenue |
Jun 2024 | Anti-social behaviour | On or near Hoylake Avenue | |
Jun 2024 | Anti-social behaviour | On or near Hoylake Avenue |