£157,805
This estimated value is based upon the latest sale price for the house of £125,000 on 12 Mar 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 |
---|---|
£125,000 | 12 Mar 2018 |
£122,300 | 23 Aug 2007 |
£57,950 | 19 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 March 2018 the House Price Index for TYNE AND WEAR was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £125,000 results in an estimated price of approximately £157,805.
12 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 149.7 | 26.245 % | £125,000 | £32,805 | £157,805 |
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 | 25.029 % | £31,286 | £156,286 |
3 Month Average | 16.552 % | £20,690 | £145,690 |
6 Month Average | 1.986 % | £2,482 | £127,482 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Apr 2024 | £198,978 | £197,250 | 27 GOLDLYNN DRIVE |
8 Mar 2024 | £138,923 | £136,789 | 38 BOWLYNN CLOSE |
15 Dec 2023 | £185,655 | £179,950 | 26 BOWLYNN CLOSE |
29 Sep 2023 | £184,057 | £180,000 | 10 BRENLYNN CLOSE |
26 Apr 2023 | £219,098 | £215,000 | 2 DUNNLYNN CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 21 May 2015. Using an estimated price of £157,806 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on GOLDLYNN DRIVE is 94 sq meters (1,017 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Maclynn Close |
May 2024 | Public order | Offender given a caution | On or near Maclynn Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Bowlynn Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Brenlynn Close |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Noirmont Way |