£165,990
This estimated value is based upon the latest sale price for the house of £135,250 on 2 Nov 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 |
|---|---|
| £135,250 | 2 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.729%.Applying this 22.729% change to the original purchase price of £135,250 results in an estimated price of approximately £165,990.
| 2 Nov 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.0 | 22.729 % | £135,250 | £30,740 | £165,990 |
The Postcode Pricing Model uses changes in average sales price within the SR6 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 | -21.321 % | £-28,836 | £106,413 |
| 3 Month Average | 0.661 % | £893 | £136,143 |
| 6 Month Average | 18.550 % | £25,088 | £160,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £185,000 | £183,500 | 21 DARIEN AVENUE |
| 13 May 2022 | £184,746 | £182,000 | 13 DENBIGH AVENUE |
| 29 Apr 2022 | £215,385 | £210,000 | 30 DACRE ROAD |
| 29 Nov 2021 | £79,709 | £74,000 | 12 DENE LANE |
| 30 Sep 2021 | £184,404 | £171,820 | 22 DENBIGH AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Jun 2018. Using an estimated price of £165,991 means this house is valued at £1,865 per sq meter (£173 per sq foot).
The average size of a house on DACRE ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Whitburn Terrace |
| Apr 2024 | Other crime | Under investigation | On or near Whitburn Terrace |
| Mar 2024 | Shoplifting | Under investigation | On or near Whitburn Terrace |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Whitburn Terrace |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Whitburn Terrace |