£171,085
This estimated value is based upon the latest sale price for the house of £128,500 on 26 Aug 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£128,500 | 26 Aug 2016 |
£130,000 | 30 Oct 2009 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 894 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 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £128,500 results in an estimated price of approximately £171,085.
26 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.141 % | £128,500 | £42,585 | £171,085 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -1.668 % | £-2,143 | £126,356 |
3 Month Average | 1.907 % | £2,450 | £130,950 |
6 Month Average | 21.835 % | £28,057 | £156,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Jun 2023 | £138,680 | £137,000 | 9 DOXFORD GARDENS |
2 Jun 2023 | £136,655 | £135,000 | 7 EMBLETON GARDENS |
14 Apr 2023 | £171,850 | £170,000 | 8 DRURIDGE DRIVE |
24 Mar 2023 | £101,961 | £101,000 | 7 BROOMHILL GARDENS |
14 Apr 2022 | £132,329 | £128,500 | 13 RENNINGTON PLACE |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 10 Aug 2009. Using an estimated price of £171,086 means this house is valued at £2,059 per sq meter (£191 per sq foot).
The average size of a house on DRURIDGE DRIVE is 91 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Embleton Gardens |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Embleton Gardens |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cottage Lane |
Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Cottage Lane |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Cottage Lane |