£187,897
This estimated value is based upon the latest sale price for the house of £34,950 on 31 Jan 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £34,950 | 31 Jan 1997 |
| Semi-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 January 1997 the House Price Index for TYNE AND WEAR was 27.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 437.617%.Applying this 437.617% change to the original purchase price of £34,950 results in an estimated price of approximately £187,897.
| 31 Jan 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.8 | 149.7 | 437.617 % | £34,950 | £152,947 | £187,897 |
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 | 352.431 % | £123,174 | £158,124 |
| 3 Month Average | 295.352 % | £103,225 | £138,175 |
| 6 Month Average | 252.561 % | £88,270 | £123,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £91,354 | £89,950 | 28 TIBERIUS CLOSE |
| 15 Sep 2023 | £86,916 | £85,000 | 28 PRAETORIAN DRIVE |
| 20 Jan 2023 | £142,380 | £142,000 | 59 PRAETORIAN DRIVE |
| 31 Aug 2022 | £73,845 | £73,500 | 11 PRAETORIAN DRIVE |
| 20 Jun 2022 | £89,411 | £87,500 | 33 TIBERIUS CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Possession of weapons | Awaiting court outcome | On or near Praetorian Drive |
| May 2024 | Drugs | Awaiting court outcome | On or near Praetorian Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Tiberius Close |
| Jul 2024 | Anti-social behaviour | On or near Carville Road | |
| Jul 2024 | Anti-social behaviour | On or near Carville Road |