£166,092
This estimated value is based upon the latest sale price for the house of £137,500 on 18 Aug 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 |
|---|---|
| £137,500 | 18 Aug 2020 |
| £132,000 | 19 Jul 2012 |
| £154,950 | 16 Dec 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 679 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 August 2020 the House Price Index for TYNE AND WEAR was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £137,500 results in an estimated price of approximately £166,092.
| 18 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £137,500 | £28,592 | £166,092 |
The Postcode Pricing Model uses changes in average sales price within the NE8 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 | 53.631 % | £73,743 | £211,243 |
| 3 Month Average | 19.646 % | £27,013 | £164,513 |
| 6 Month Average | 23.058 % | £31,704 | £169,204 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £60,936 | £60,000 | 323 SANDERSON VILLAS |
| 12 Dec 2023 | £86,663 | £84,000 | 26 OVETT GARDENS |
| 14 Nov 2023 | £92,344 | £90,000 | 153 SANDERSON VILLAS |
| 24 Mar 2023 | £94,579 | £93,000 | 18 OVETT GARDENS |
| 24 Feb 2023 | £105,706 | £105,000 | 197 SANDERSON VILLAS |
This house has a floor area of 63 sq meters or 679 sq feet when measured on 2 Feb 2012. Using an estimated price of £166,092 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on SANDERSON VILLAS is 64 sq meters (695 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Sanderson Villas | |
| Sep 2024 | Anti-social behaviour | On or near Sanderson Villas | |
| Aug 2024 | Anti-social behaviour | On or near Sanderson Villas | |
| Aug 2024 | Anti-social behaviour | On or near Sanderson Villas | |
| Aug 2024 | Anti-social behaviour | On or near Sanderson Villas |