£166,166
This estimated value is based upon the latest sale price for the house of £111,000 on 26 Jan 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £111,000 | 26 Jan 2015 |
| £89,000 | 8 Jul 2002 |
| £44,000 | 10 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 January 2015 the House Price Index for TYNE AND WEAR was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £111,000 results in an estimated price of approximately £166,166.
| 26 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £111,000 | £55,166 | £166,166 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 78.160 % | £86,757 | £197,757 |
| 3 Month Average | 51.493 % | £57,157 | £168,157 |
| 6 Month Average | 42.723 % | £47,422 | £158,422 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £201,702 | £199,950 | 185 HELMSLEY ROAD |
| 27 Oct 2023 | £128,928 | £126,000 | 21 BRANDON GROVE |
| 1 Aug 2023 | £183,306 | £180,000 | 173 HELMSLEY ROAD |
| 7 Nov 2022 | £191,106 | £192,000 | 89 DINSDALE ROAD |
| 20 Apr 2022 | £153,020 | £147,500 | 163 HELMSLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 10 Dec 2018. Using an estimated price of £166,167 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on DINSDALE ROAD is 85 sq meters (921 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brandon Grove |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brandon Grove |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Goldspink Lane |
| Jun 2024 | Anti-social behaviour | On or near Goldspink Lane | |
| Jun 2024 | Anti-social behaviour | On or near Goldspink Lane |