£372,139
This estimated value is based upon the latest sale price for the house of £285,000 on 31 Mar 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £285,000 | 31 Mar 2017 |
| £270,000 | 18 Oct 2013 |
| £95,000 | 20 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 March 2017 the House Price Index for TYNE AND WEAR was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £285,000 results in an estimated price of approximately £372,139.
| 31 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £285,000 | £87,139 | £372,139 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 79.167 % | £225,627 | £510,627 |
| 3 Month Average | 42.256 % | £120,428 | £405,428 |
| 6 Month Average | 55.699 % | £158,740 | £443,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £300,000 | £300,000 | 33 CLEADON HILL ROAD |
| 15 Apr 2024 | £292,540 | £290,000 | 9 CLEADON HILL DRIVE |
| 28 Mar 2024 | £251,870 | £248,000 | 10 MILL GROVE |
| 13 Oct 2023 | £414,412 | £405,000 | 41 PARKSHIEL |
| 17 Mar 2023 | £310,180 | £305,000 | 27 CLEADON HILL DRIVE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 27 Jun 2012. Using an estimated price of £372,140 means this house is valued at £2,325 per sq meter (£216 per sq foot).
The average size of a house on SUNNIRISE is 155 sq meters (1,676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mill Grove |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mill Grove |
| Sep 2024 | Anti-social behaviour | On or near Mill Grove | |
| Sep 2024 | Anti-social behaviour | On or near Mill Grove | |
| Aug 2024 | Anti-social behaviour | On or near Mill Grove |