£376,497
This estimated value is based upon the latest sale price for the house of £335,000 on 19 Aug 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £335,000 | 19 Aug 2021 |
| £245,000 | 29 Jan 2016 |
| £100,000 | 4 Dec 2009 |
| £240,000 | 30 Nov 2007 |
| £127,000 | 11 May 2001 |
| £91,500 | 26 Feb 1999 |
| Detached |
| Freehold |
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 2021 the House Price Index for TYNE AND WEAR was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £335,000 results in an estimated price of approximately £376,497.
| 19 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £335,000 | £41,497 | £376,497 |
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 | 27.038 % | £90,578 | £425,578 |
| 3 Month Average | 1.050 % | £3,518 | £338,518 |
| 6 Month Average | -2.922 % | £-9,787 | £325,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £136,183 | £135,000 | 1 CARLTON TERRACE |
| 7 Dec 2023 | £386,888 | £375,000 | SIMONSTONE STONEY LANE |
| 3 Nov 2023 | £210,339 | £205,000 | 68 BEECH GROVE |
| 26 Sep 2023 | £216,779 | £212,000 | KIMBERLEY STAFFORD VILLAS |
| 30 Jun 2023 | £198,988 | £195,000 | 2 WESTFIELD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Sycamore Grove |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sycamore Grove |
| Jun 2024 | Anti-social behaviour | On or near Beech Grove | |
| Jun 2024 | Anti-social behaviour | On or near Beech Grove | |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Beech Grove |