£280,222
This estimated value is based upon the latest sale price for the house of £60,000 on 31 Jul 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £60,000 | 31 Jul 1998 |
| £45,250 | 1 Dec 1995 |
| Semi-Detached |
| Leasehold |
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 1998 the House Price Index for TYNE AND WEAR was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £60,000 results in an estimated price of approximately £280,222.
| 31 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 367.038 % | £60,000 | £220,222 | £280,222 |
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 | 140.632 % | £84,378 | £144,378 |
| 3 Month Average | 225.003 % | £135,001 | £195,001 |
| 6 Month Average | 224.856 % | £134,913 | £194,913 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £266,330 | £264,000 | 23 CHOWDENE BANK |
| 6 Apr 2023 | £261,819 | £259,000 | 27 SIDMOUTH ROAD |
| 5 Apr 2023 | £192,068 | £190,000 | 8 BRIDLINGTON AVENUE |
| 22 Jul 2022 | £210,567 | £210,000 | 28 BRIDLINGTON AVENUE |
| 22 Oct 2021 | £331,943 | £300,000 | 31 CHOWDENE BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Tiverton Gardens |
| Mar 2024 | Anti-social behaviour | On or near Tiverton Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Tiverton Gardens | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cheddar Gardens |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cheddar Gardens |