£421,412
This estimated value is based upon the latest sale price for the house of £89,000 on 30 Apr 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 |
|---|---|
| £89,000 | 30 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 April 1998 the House Price Index for TYNE AND WEAR was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £89,000 results in an estimated price of approximately £421,412.
| 30 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 148.6 | 373.497 % | £89,000 | £332,412 | £421,412 |
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 | 147.813 % | £131,553 | £220,553 |
| 3 Month Average | 234.053 % | £208,306 | £297,306 |
| 6 Month Average | 232.724 % | £207,124 | £296,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £390,252 | £385,000 | 14 ESSEX GARDENS |
| 23 Jun 2023 | £387,190 | £382,500 | 43 ESSEX GARDENS |
| 6 Apr 2023 | £382,420 | £378,302 | 9 LIMETREES GARDENS |
| 19 Aug 2022 | £492,674 | £494,000 | 11 VALLEY DRIVE |
| 11 Jul 2022 | £385,036 | £384,000 | 4 VALLEY DRIVE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 15 Oct 2019. Using an estimated price of £421,412 means this house is valued at £2,790 per sq meter (£259 per sq foot).
The average size of a house on LIMETREES GARDENS is 133 sq meters (1,433 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Limetrees Gardens |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerfield Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Summerfield Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Summerfield Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Drive |