£294,711
This estimated value is based upon the latest sale price for the house of £170,000 on 25 Sep 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £170,000 | 25 Sep 2008 |
| Detached |
| Leasehold |
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 2008 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £170,000 results in an estimated price of approximately £294,711.
| 25 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £170,000 | £124,711 | £294,711 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 59.919 % | £101,861 | £271,861 |
| 3 Month Average | 29.359 % | £49,911 | £219,911 |
| 6 Month Average | 16.289 % | £27,690 | £197,690 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £96,943 | £95,000 | 13 BOWNESS AVENUE |
| 20 Apr 2023 | £112,046 | £109,950 | 19 ASHBURN ROAD |
| 28 Feb 2023 | £130,824 | £129,950 | 115 BELLSHILL CLOSE |
| 28 Jul 2022 | £121,215 | £120,000 | 18 ASHBURN ROAD |
| 15 Jul 2022 | £131,316 | £130,000 | 38 BEWICK PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bowness Avenue |
| Jun 2024 | Shoplifting | Awaiting court outcome | On or near Bowness Avenue |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bowness Avenue |