£355,109
This estimated value is based upon the latest sale price for the house of £255,000 on 6 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £255,000 | 6 Nov 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £255,000 results in an estimated price of approximately £355,109.
| 6 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £255,000 | £100,109 | £355,109 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | -4.239 % | £-10,809 | £244,190 |
| 3 Month Average | 11.459 % | £29,220 | £284,220 |
| 6 Month Average | 16.628 % | £42,400 | £297,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £268,432 | £265,000 | 26 CLYVEDON RISE |
| 18 Jul 2022 | £330,891 | £330,000 | 20 SUNNISIDE DRIVE |
| 20 May 2022 | £326,145 | £320,000 | 31 CLYVEDON RISE |
| 11 Feb 2022 | £421,575 | £402,000 | 2 PARKSHIEL |
| 12 Nov 2021 | £288,355 | £266,622 | 13 CLYVEDON RISE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 21 Jul 2014. Using an estimated price of £355,109 means this house is valued at £2,863 per sq meter (£266 per sq foot).
The average size of a house on SUNNIRISE is 155 sq meters (1,676 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Sunnirise |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Laws |
| Mar 2024 | Anti-social behaviour | On or near Cleadon Hill Drive | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parkshiel |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkshiel |