£651,581
This estimated value is based upon the latest sale price for the house of £399,950 on 12 Jun 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 |
---|---|
£399,950 | 12 Jun 2008 |
Semi-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 June 2008 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £399,950 results in an estimated price of approximately £651,581.
12 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.916 % | £399,950 | £251,631 | £651,581 |
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 | -11.525 % | £-46,094 | £353,855 |
3 Month Average | 2.502 % | £10,007 | £409,957 |
6 Month Average | 6.691 % | £26,759 | £426,709 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £187,887 | £185,000 | 2 - 4 DENEWELL AVENUE |
1 Mar 2024 | £249,839 | £246,000 | 14 STRATFORD GARDENS |
4 Dec 2023 | £332,208 | £322,000 | 18 CLEASBY GARDENS |
7 Mar 2023 | £305,095 | £300,000 | 40 BEACONSFIELD ROAD |
20 Jan 2023 | £315,844 | £315,000 | 36 DENEWELL AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Thornlea Gardens |
Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cleasby Gardens |
May 2024 | Violence and sexual offences | Under investigation | On or near Stratford Gardens |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stratford Gardens |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |