£165,507
This estimated value is based upon the latest sale price for the house of £133,000 on 9 Feb 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 |
---|---|
£133,000 | 9 Feb 2018 |
£102,000 | 6 Jun 2017 |
Semi-Detached |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2018 the House Price Index for TYNE AND WEAR was 118.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.442%.Applying this 24.442% change to the original purchase price of £133,000 results in an estimated price of approximately £165,507.
9 Feb 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.0 | 24.442 % | £133,000 | £32,507 | £165,507 |
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 | -28.673 % | £-38,134 | £94,865 |
3 Month Average | -5.565 % | £-7,401 | £125,598 |
6 Month Average | 10.138 % | £13,484 | £146,484 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £185,000 | £183,500 | 21 DARIEN AVENUE |
13 May 2022 | £184,746 | £182,000 | 13 DENBIGH AVENUE |
29 Apr 2022 | £215,385 | £210,000 | 30 DACRE ROAD |
29 Nov 2021 | £79,709 | £74,000 | 12 DENE LANE |
15 Oct 2021 | £177,975 | £161,500 | 37 DACRE ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 22 Feb 2017. Using an estimated price of £165,507 means this house is valued at £1,464 per sq meter (£136 per sq foot).
The average size of a house on DACRE ROAD is 88 sq meters (949 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Dacre Road |
Mar 2024 | Anti-social behaviour | On or near Dacre Road | |
Mar 2024 | Anti-social behaviour | On or near Dacre Road | |
Jan 2024 | Anti-social behaviour | On or near Dacre Road | |
Jan 2024 | Anti-social behaviour | On or near Dacre Road |