£136,918
This estimated value is based upon the latest sale price for the house of £80,000 on 10 Dec 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £80,000 | 10 Dec 2010 |
| £73,400 | 8 Dec 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 497 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 2010 the House Price Index for TYNE AND WEAR was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £80,000 results in an estimated price of approximately £136,918.
| 10 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £80,000 | £56,918 | £136,918 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 68.192 % | £54,553 | £134,553 |
| 3 Month Average | 24.760 % | £19,808 | £99,808 |
| 6 Month Average | 29.566 % | £23,652 | £103,652 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £156,234 | £153,500 | 11 DENE COURT JESMOND PARK EAST |
| 23 Aug 2023 | £176,544 | £175,000 | 45 WYNCOTE COURT |
| 28 Jul 2023 | £288,888 | £285,000 | 11 JESMOND PARK COURT |
| 28 Feb 2023 | £166,888 | £167,000 | 14 DENE COURT JESMOND PARK EAST |
| 6 Jul 2022 | £164,443 | £164,000 | 17 DENE COURT JESMOND PARK EAST |
This house has a floor area of 46 sq meters or 497 sq feet when measured on 22 Dec 2009. Using an estimated price of £136,918 means this house is valued at £2,961 per sq meter (£275 per sq foot).
The average size of a house on JESMOND PARK COURT is 89 sq meters (967 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near Jesmond Park East |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Jan 2024 | Anti-social behaviour | On or near A1058 | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stephenson Road |