£145,546
This estimated value is based upon the latest sale price for the house of £143,000 on 18 Dec 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 |
|---|---|
| £143,000 | 18 Dec 2023 |
| £120,000 | 19 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2023 the House Price Index for TYNE AND WEAR was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £143,000 results in an estimated price of approximately £145,546.
| 18 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £143,000 | £2,546 | £145,546 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -58.516 % | £-83,678 | £59,321 |
| 3 Month Average | -22.629 % | £-32,359 | £110,640 |
| 6 Month Average | -0.316 % | £-451 | £142,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £126,361 | £125,000 | 4 CAROLINE PIT COTTAGES |
| 1 Mar 2023 | £90,856 | £90,000 | 271 SILVER LONNEN |
| 10 Feb 2023 | £219,852 | £220,000 | 27 ASHLEIGH ROAD |
| 6 Jan 2023 | £179,156 | £180,000 | 52 SLATYFORD LANE |
| 13 Apr 2022 | £208,019 | £202,000 | 280 SILVER LONNEN |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Jul 2018.
There is one other house on the street which we know the size of, this is 4 CAROLINE PIT COTTAGES it is 94.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Silloth Avenue |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haydon Place |
| Jan 2024 | Burglary | Under investigation | On or near Haydon Place |
| Mar 2024 | Anti-social behaviour | On or near Keswick Grove | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keswick Grove |