£465,404
This estimated value is based upon the latest sale price for the house of £77,500 on 28 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £77,500 | 28 Nov 2023 |
| £84,000 | 27 Jan 2017 |
| £86,950 | 31 Aug 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 686 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 November 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 500.522%.Applying this 500.522% change to the original purchase price of £77,500 results in an estimated price of approximately £465,404.
| 28 Nov 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 146.7 | 500.522 % | £77,500 | £387,904 | £465,404 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -14.150 % | £-10,966 | £66,533 |
| 3 Month Average | -11.873 % | £-9,201 | £68,298 |
| 6 Month Average | 4.383 % | £3,396 | £80,896 |
This house has a floor area of 63 sq meters or 686 sq feet when measured on 12 Mar 2012.
The average size of a house on DRYDEN ROAD is 83 sq meters (900 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Salkeld Gardens |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lindum Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holyoake Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerfield Road |