£284,763
This estimated value is based upon the latest sale price for the house of £207,500 on 22 Jan 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £207,500 | 22 Jan 2016 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2016 the House Price Index for TYNE AND WEAR was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £207,500 results in an estimated price of approximately £284,763.
| 22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £207,500 | £77,263 | £284,763 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -9.543 % | £-19,801 | £187,698 |
| 3 Month Average | 14.061 % | £29,177 | £236,677 |
| 6 Month Average | 3.265 % | £6,775 | £214,275 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £428,751 | £425,000 | 18 THE GROVE |
| 1 Mar 2023 | £262,473 | £260,000 | 3 THE GROVE |
| 10 Feb 2023 | £99,933 | £100,000 | 20 BRIDLE WAY |
| 3 Feb 2023 | £167,387 | £167,500 | 12 BRIDLE WAY |
| 30 Jan 2023 | £226,931 | £228,000 | 9 BRIDLE WAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Oct 2014. Using an estimated price of £284,764 means this house is valued at £3,604 per sq meter (£334 per sq foot).
The average size of a house on DURHAM ROAD is 160 sq meters (1,722 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Bridle Way | |
| Dec 2023 | Anti-social behaviour | On or near Bridle Way | |
| Dec 2023 | Anti-social behaviour | On or near Bridle Way | |
| Dec 2023 | Anti-social behaviour | On or near Bridle Way | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rainton Grove |