£224,068
This estimated value is based upon the latest sale price for the house of £182,000 on 23 May 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£182,000 | 23 May 2019 |
£197,000 | 21 Sep 2007 |
£180,000 | 12 Oct 2004 |
Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 May 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £182,000 results in an estimated price of approximately £224,068.
23 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.0 | 23.115 % | £182,000 | £42,068 | £224,068 |
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 | -32.786 % | £-59,670 | £122,329 |
3 Month Average | 16.530 % | £30,085 | £212,085 |
6 Month Average | 14.470 % | £26,335 | £208,335 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Dec 2023 | £275,207 | £270,000 | 27 LULSGATE |
6 Nov 2023 | £263,381 | £260,000 | 41 TOLLERTON DRIVE |
1 Nov 2023 | £179,302 | £177,000 | 18 TOLLERTON DRIVE |
29 Jul 2022 | £142,308 | £142,500 | 16 TOLLERTON DRIVE |
18 Mar 2022 | £247,699 | £240,000 | 4 WELWYN CLOSE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 1 Dec 2018. Using an estimated price of £224,069 means this house is valued at £2,462 per sq meter (£228 per sq foot).
The average size of a house on TOLLERTON DRIVE is 97 sq meters (1,049 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cairncross |
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 | Anti-social behaviour | On or near Kirkwall Close | |
Apr 2024 | Anti-social behaviour | On or near Welwyn Close |