£258,980
This estimated value is based upon the latest sale price for the house of £173,000 on 9 Jan 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 |
|---|---|
| £173,000 | 9 Jan 2015 |
| £150,000 | 7 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £173,000 results in an estimated price of approximately £258,980.
| 9 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £173,000 | £85,980 | £258,980 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 22.643 % | £39,172 | £212,172 |
| 3 Month Average | 24.307 % | £42,051 | £215,051 |
| 6 Month Average | 9.513 % | £16,457 | £189,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £2,552 | £2,530 | 44 WARWICK DRIVE |
| 5 Apr 2024 | £201,702 | £199,950 | 3 CARLTON CRESCENT |
| 2 Nov 2023 | £180,584 | £176,000 | 61 WARWICK DRIVE |
| 18 Oct 2023 | £86,975 | £85,000 | 29 CARLTON CRESCENT |
| 29 Aug 2023 | £153,773 | £151,000 | 10 ARUNDEL GARDENS |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 31 Jul 2014. Using an estimated price of £258,981 means this house is valued at £2,490 per sq meter (£231 per sq foot).
The average size of a house on WARWICK DRIVE is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Carlton Crescent |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carlton Crescent |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Raby Drive |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raby Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Charter Drive |