£276,527
This estimated value is based upon the latest sale price for the house of £160,000 on 22 Dec 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£160,000 | 22 Dec 2009 |
£159,999 | 29 Apr 2005 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 760 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 December 2009 the House Price Index for TYNE AND WEAR was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.830%.Applying this 72.830% change to the original purchase price of £160,000 results in an estimated price of approximately £276,527.
22 Dec 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.830 % | £160,000 | £116,527 | £276,527 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 73.697 % | £117,914 | £277,914 |
3 Month Average | 35.597 % | £56,954 | £216,954 |
6 Month Average | 37.111 % | £59,377 | £219,377 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 May 2022 | £310,857 | £305,000 | 2 HATFIELD GARDENS |
6 May 2022 | £270,089 | £265,000 | 48 ARUNDEL DRIVE |
26 Nov 2021 | £216,303 | £200,000 | 37 ARUNDEL DRIVE |
29 Oct 2021 | £210,231 | £190,000 | 41 WILTON DRIVE |
23 Jul 2021 | £218,360 | £190,000 | 43 WILTON DRIVE |
This house has a floor area of 70 sq meters or 760 sq feet when measured on 19 Jan 2009. Using an estimated price of £276,528 means this house is valued at £3,913 per sq meter (£363 per sq foot).
The average size of a house on WILTON DRIVE is 94 sq meters (1,014 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ludlow Drive |
Feb 2024 | Anti-social behaviour | On or near Wilton Close | |
Feb 2024 | Anti-social behaviour | On or near Wilton Close | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wilton Close |
Dec 2023 | Public order | Under investigation | On or near Wilton Close |