£141,608
This estimated value is based upon the latest sale price for the house of £126,000 on 2 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £126,000 | 2 Aug 2021 |
| £122,000 | 2 Feb 2018 |
| £88,000 | 27 Jan 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £126,000 results in an estimated price of approximately £141,608.
| 2 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £126,000 | £15,608 | £141,608 |
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 | 26.409 % | £33,275 | £159,275 |
| 3 Month Average | -3.124 % | £-3,936 | £122,063 |
| 6 Month Average | -11.975 % | £-15,088 | £110,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Apr 2024 | £146,270 | £145,000 | 1 LAUNCESTON DRIVE |
| 13 Nov 2023 | £97,474 | £95,000 | 47 ALDWYCH SQUARE |
| 1 Sep 2023 | £150,825 | £147,500 | 21 CLINTON PLACE |
| 23 Jun 2023 | £137,761 | £135,000 | 4 DUDLEY GARDENS |
| 21 Apr 2023 | £94,263 | £92,500 | 35 ALDWYCH ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 18 Feb 2016. Using an estimated price of £141,608 means this house is valued at £1,994 per sq meter (£185 per sq foot).
The average size of a house on CAERNARVON DRIVE is 95 sq meters (1,025 sq feet).
This house is the smallest in the street with a floor area of 71 sq meters (764 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Aldwych Road | |
| Jun 2024 | Anti-social behaviour | On or near Aldwych Road | |
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Launceston Drive |
| Jul 2024 | Public order | Under investigation | On or near Beaumaris Gardens |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beaumaris Gardens |