£237,557
This estimated value is based upon the latest sale price for the house of £195,000 on 7 May 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£195,000 | 7 May 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £195,000 results in an estimated price of approximately £237,557.
7 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.0 | 21.824 % | £195,000 | £42,557 | £237,557 |
The Postcode Pricing Model uses changes in average sales price within the NE36 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 | -30.533 % | £-59,539 | £135,460 |
3 Month Average | -3.568 % | £-6,958 | £188,041 |
6 Month Average | -4.379 % | £-8,538 | £186,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £195,702 | £192,000 | 10 EAST DRIVE |
27 Nov 2023 | £283,641 | £280,000 | 9 EAST DRIVE |
26 May 2022 | £238,546 | £235,000 | 11 GROSVENOR DRIVE |
6 Oct 2021 | £319,528 | £289,950 | 1 BYWELL ROAD |
8 Feb 2021 | £327,884 | £290,000 | O'BRIEN FURNITURE LTD STATION APPROACH |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Feb 2020. Using an estimated price of £237,557 means this house is valued at £3,711 per sq meter (£344 per sq foot).
The average size of a house on SANDPIPER VIEW is 141 sq meters (1,524 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Station Approach |
Feb 2024 | Anti-social behaviour | On or near Station Approach | |
Feb 2024 | Anti-social behaviour | On or near Station Approach | |
Feb 2024 | Anti-social behaviour | On or near Station Approach | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnside |