£248,367
This estimated value is based upon the latest sale price for the house of £178,350 on 30 Nov 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £178,350 | 30 Nov 2015 |
| £170,000 | 17 Apr 2007 |
| £52,000 | 6 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 November 2015 the House Price Index for TYNE AND WEAR was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £178,350 results in an estimated price of approximately £248,367.
| 30 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £178,350 | £70,017 | £248,367 |
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 | -22.466 % | £-40,068 | £138,281 |
| 3 Month Average | 23.338 % | £41,622 | £219,972 |
| 6 Month Average | 16.625 % | £29,650 | £208,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £291,820 | £287,500 | 13 BEACONSFIELD AVENUE |
| 4 Sep 2023 | £446,712 | £441,000 | 2 PRIMROSE HILL |
| 1 Sep 2023 | £344,404 | £340,000 | 15 KELLS GARDENS |
| 12 Jul 2023 | £243,274 | £240,000 | 10 DERWENT GARDENS |
| 2 Jun 2023 | £344,169 | £340,000 | 13 PRIMROSE HILL |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 25 Jul 2012. Using an estimated price of £248,367 means this house is valued at £2,854 per sq meter (£265 per sq foot).
The average size of a house on DERWENT GARDENS is 100 sq meters (1,078 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Hill Top Gardens |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hill Top Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Primrose Hill |