£157,447
This estimated value is based upon the latest sale price for the house of £124,000 on 14 Jul 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £124,000 | 14 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 58 sq meters or 624 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 July 2017 the House Price Index for TYNE AND WEAR was 116.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.974%.Applying this 26.974% change to the original purchase price of £124,000 results in an estimated price of approximately £157,447.
| 14 Jul 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.0 | 26.974 % | £124,000 | £33,447 | £157,447 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | -55.168 % | £-68,407 | £55,592 |
| 3 Month Average | 6.144 % | £7,618 | £131,618 |
| 6 Month Average | -2.354 % | £-2,919 | £121,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £169,201 | £166,000 | 5 KIRKWALL CLOSE |
| 1 Nov 2023 | £179,302 | £177,000 | 18 TOLLERTON DRIVE |
| 29 Jul 2022 | £142,308 | £142,500 | 16 TOLLERTON DRIVE |
| 14 Jan 2022 | £262,040 | £250,000 | 25 KIRKWALL CLOSE |
| 3 Dec 2021 | £186,734 | £175,000 | 18 SHANNON CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 10 Mar 2017. Using an estimated price of £157,448 means this house is valued at £2,714 per sq meter (£252 per sq foot).
The average size of a house on DONINGTON CLOSE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Donington Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Donington Close |
| Apr 2024 | Public order | Under investigation | On or near Stanstead Close |
| Apr 2024 | Public order | Under investigation | On or near Stanstead Close |
| Mar 2024 | Public order | Under investigation | On or near Stanstead Close |