£596,373
This estimated value is based upon the latest sale price for the house of £197,500 on 28 Mar 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £197,500 | 28 Mar 2002 |
| £95,000 | 1 Nov 1996 |
| 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 March 2002 the House Price Index for TYNE AND WEAR was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £197,500 results in an estimated price of approximately £596,373.
| 28 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £197,500 | £398,873 | £596,373 |
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 | 72.498 % | £143,183 | £340,683 |
| 3 Month Average | 130.641 % | £258,015 | £455,515 |
| 6 Month Average | 141.751 % | £279,959 | £477,459 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £351,199 | £346,000 | 40 BELLE VUE BANK |
| 9 Nov 2023 | £284,208 | £280,000 | 36 BELLE VUE BANK |
| 7 Jul 2023 | £314,229 | £310,000 | 32 ST HELENS CRESCENT |
| 7 Jul 2023 | £273,633 | £269,950 | 47 OTTERBURN GARDENS |
| 26 Apr 2023 | £1,389,966 | £1,375,000 | BRACKENDENE HOUSE SOUTH BRACKENDENE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Belle Vue Bank |
| Apr 2024 | Public order | Under investigation | On or near Brackendene Drive |
| Apr 2024 | Anti-social behaviour | On or near Brackendene Drive | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Derwent Crook Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Derwent Crook Drive |