£473,525
This estimated value is based upon the latest sale price for the house of £229,950 on 2 Apr 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £229,950 | 2 Apr 2004 |
| £124,950 | 13 Aug 1999 |
| £115,995 | 8 May 1997 |
| Terraced |
| Leasehold |
| Floor Area: 156 sq meters or 1,679 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 April 2004 the House Price Index for TYNE AND WEAR was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £229,950 results in an estimated price of approximately £473,525.
| 2 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £229,950 | £243,575 | £473,525 |
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 | 14.222 % | £32,704 | £262,654 |
| 3 Month Average | 52.415 % | £120,529 | £350,479 |
| 6 Month Average | 49.166 % | £113,056 | £343,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £192,965 | £190,000 | 21 HAMILTON COURT |
| 18 Dec 2023 | £257,926 | £250,000 | 8 BARBARY DRIVE |
| 29 Nov 2023 | £300,631 | £293,000 | 16 BARBARY DRIVE |
| 13 Sep 2023 | £265,810 | £259,950 | 18 NORMANBY COURT |
| 11 Jul 2022 | £192,933 | £191,000 | 9 HAMILTON COURT |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 15 Mar 2018. Using an estimated price of £473,525 means this house is valued at £3,035 per sq meter (£281 per sq foot).
The average size of a house on is 101 sq meters (1,090 sq feet).
This house is the largest in the street with a floor area of 156 sq meters (1,679 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Normanby Court |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barbary Drive |
| May 2024 | Violence and sexual offences | Under investigation | On or near Barbary Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Barbary Drive |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brunel Drive |