£304,027
This estimated value is based upon the latest sale price for the house of £55,000 on 3 Oct 1996. 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 |
|---|---|
| £55,000 | 3 Oct 1996 |
| 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 October 1996 the House Price Index for TYNE AND WEAR was 27.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 452.776%.Applying this 452.776% change to the original purchase price of £55,000 results in an estimated price of approximately £304,027.
| 3 Oct 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 149.7 | 452.776 % | £55,000 | £249,027 | £304,027 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 96.719 % | £53,195 | £108,195 |
| 3 Month Average | 296.150 % | £162,882 | £217,882 |
| 6 Month Average | 294.338 % | £161,885 | £216,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £272,627 | £264,250 | 23 FAIRFIELD DRIVE |
| 30 Jun 2023 | £250,010 | £245,000 | 36 GRANGE PARK |
| 28 Apr 2023 | £366,862 | £360,000 | 21 EARSDON ROAD |
| 14 Jul 2022 | £227,277 | £225,000 | 48 GRANGE PARK |
| 7 Jul 2022 | £368,694 | £365,000 | 25 EARSDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Green Square |
| Jun 2024 | Other crime | Under investigation | On or near Green Close |
| May 2024 | Violence and sexual offences | Under investigation | On or near Green Close |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near A192 |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near A192 |