£281,327
This estimated value is based upon the latest sale price for the house of £240,000 on 14 Sep 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 |
|---|---|
| £240,000 | 14 Sep 2020 |
| 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £240,000 results in an estimated price of approximately £281,327.
| 14 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £240,000 | £41,327 | £281,327 |
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 | 1.626 % | £3,901 | £243,901 |
| 3 Month Average | -5.766 % | £-13,838 | £226,161 |
| 6 Month Average | 4.354 % | £10,448 | £250,448 |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 6 Feb 2020.
The average size of a house on THORNLEIGH GARDENS is 118 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Thornleigh Gardens |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Elmsleigh Gardens |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunniside Leigh |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sunniside Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sunniside Lane |