£222,970
This estimated value is based upon the latest sale price for the house of £129,950 on 4 Sep 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near B1286
More crime details
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Price Paid | Date |
---|---|
£129,950 | 4 Sep 2006 |
Terraced |
Freehold |
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 September 2006 the House Price Index for TYNE AND WEAR was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £129,950 results in an estimated price of approximately £222,970.
4 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £129,950 | £93,020 | £222,970 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 67.822 % | £88,134 | £218,084 |
3 Month Average | 35.470 % | £46,092 | £176,042 |
6 Month Average | 20.681 % | £26,875 | £156,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £131,542 | £127,500 | 11 HALLFIELD CLOSE |
12 Dec 2023 | £113,487 | £110,000 | 15 HALL FARM ROAD |
13 Mar 2023 | £81,359 | £80,000 | 46 RAVELSTON CLOSE |
16 Aug 2021 | £183,191 | £163,000 | 2 RAVELSTON CLOSE |
30 Jul 2021 | £219,919 | £189,950 | 38 RAVELSTON CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near B1286 |
Oct 2024 | Anti-social behaviour | On or near Torphin Hill Drive | |
Oct 2024 | Anti-social behaviour | On or near Torphin Hill Drive | |
Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Torphin Hill Drive |
Oct 2024 | Anti-social behaviour | On or near Hallfield Close |