£177,219
This estimated value is based upon the latest sale price for the house of £102,500 on 24 Jul 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Parking Area
More crime details
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| Price Paid | Date |
|---|---|
| £102,500 | 24 Jul 2006 |
| Terraced |
| 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 July 2006 the House Price Index for TYNE AND WEAR was 85.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.897%.Applying this 72.897% change to the original purchase price of £102,500 results in an estimated price of approximately £177,219.
| 24 Jul 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 148.6 | 72.897 % | £102,500 | £74,719 | £177,219 |
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 | 27.987 % | £28,686 | £131,186 |
| 3 Month Average | 20.148 % | £20,651 | £123,151 |
| 6 Month Average | 28.790 % | £29,509 | £132,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £131,954 | £130,000 | 17 FERNDALE AVENUE |
| 3 Nov 2023 | £66,484 | £65,500 | 27 PARK ROAD |
| 3 Nov 2023 | £66,484 | £65,500 | 25 PARK ROAD |
| 22 Mar 2023 | £55,018 | £54,500 | 159 HIGH STREET EAST |
| 16 Feb 2023 | £60,709 | £60,750 | 43 PARK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Burglary | Under investigation | On or near Parking Area |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Laurel Street |