£250,107
This estimated value is based upon the latest sale price for the house of £174,995 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £174,995 | 14 Aug 2015 |
| £55,000 | 19 Aug 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 August 2015 the House Price Index for TYNE AND WEAR was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £174,995 results in an estimated price of approximately £250,107.
| 14 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £174,995 | £75,112 | £250,107 |
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 | -16.893 % | £-29,561 | £145,433 |
| 3 Month Average | 15.805 % | £27,657 | £202,652 |
| 6 Month Average | 14.168 % | £24,793 | £199,788 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £293,756 | £290,000 | 21 THE CEDARS |
| 13 Jun 2023 | £76,932 | £76,000 | 1 CAPSTAN COURT |
| 28 Apr 2023 | £133,437 | £132,000 | 33 SHERBURN TERRACE |
| 24 Feb 2023 | £294,802 | £295,000 | RAVENDALE |
| 7 Oct 2022 | £178,078 | £179,995 | 12 LINDEN WAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 30 Sep 2014. Using an estimated price of £250,108 means this house is valued at £2,501 per sq meter (£232 per sq foot).
The average size of a house on LINDEN WAY is 107 sq meters (1,159 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Tanfield Place |
| Apr 2024 | Anti-social behaviour | On or near Tanfield Place | |
| Apr 2024 | Drugs | Investigation complete; no suspect identified | On or near Capstan Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wrekenton Row |
| Apr 2024 | Other crime | Under investigation | On or near Hilldyke |