£257,710
This estimated value is based upon the latest sale price for the house of £54,950 on 30 Sep 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 |
|---|---|
| £54,950 | 30 Sep 1998 |
| 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 September 1998 the House Price Index for TYNE AND WEAR was 31.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 368.991%.Applying this 368.991% change to the original purchase price of £54,950 results in an estimated price of approximately £257,710.
| 30 Sep 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 149.7 | 368.991 % | £54,950 | £202,760 | £257,710 |
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 | 371.964 % | £204,393 | £259,343 |
| 3 Month Average | 311.126 % | £170,963 | £225,913 |
| 6 Month Average | 257.453 % | £141,470 | £196,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £393,678 | £385,000 | 2 ELM TERRACE |
| 8 Sep 2023 | £254,613 | £249,000 | 18 IRWIN AVENUE |
| 27 May 2022 | £308,025 | £300,000 | 38 THE MEADOWS |
| 29 Sep 2021 | £170,434 | £157,000 | 9 DEES AVENUE |
| 27 Aug 2021 | £194,992 | £173,500 | 2 LILY BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dees Avenue |
| Jul 2024 | Anti-social behaviour | On or near Lily Bank | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Lily Bank |
| May 2024 | Violence and sexual offences | Under investigation | On or near Lily Bank |
| May 2024 | Anti-social behaviour | On or near Lily Bank |