£213,176
This estimated value is based upon the latest sale price for the house of £175,000 on 29 Jul 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 |
|---|---|
| £175,000 | 29 Jul 2020 |
| £150,000 | 12 Dec 2011 |
| £94,500 | 27 Jun 2002 |
| £75,000 | 28 Jul 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 789 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 2020 the House Price Index for TYNE AND WEAR was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £175,000 results in an estimated price of approximately £213,176.
| 29 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £175,000 | £38,176 | £213,176 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -33.455 % | £-58,546 | £116,453 |
| 3 Month Average | 17.136 % | £29,987 | £204,987 |
| 6 Month Average | 10.395 % | £18,190 | £193,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2024 | £110,000 | £110,000 | 29 BRENTWOOD ROAD |
| 5 Aug 2022 | £118,554 | £118,000 | 8 HIGHFIELD ROAD |
| 22 Dec 2021 | £103,614 | £96,000 | 60 CLAREMONT DRIVE |
| 10 Dec 2021 | £215,862 | £200,000 | 7 SHELLBARK |
| 15 Oct 2021 | £201,755 | £181,000 | 10 MEDLAR CLOSE |
This house has a floor area of 73 sq meters or 789 sq feet when measured on 28 Jul 2011. Using an estimated price of £213,177 means this house is valued at £2,906 per sq meter (£270 per sq foot).
The average size of a house on MEDLAR CLOSE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near Brentwood Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Brentwood Road |
| Jul 2024 | Other crime | Under investigation | On or near Brentwood Road |
| Jul 2024 | Anti-social behaviour | On or near Brentwood Road | |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brentwood Road |