£355,156
This estimated value is based upon the latest sale price for the house of £218,000 on 12 Jun 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Further/Higher Educational Building
More crime details
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Price Paid | Date |
---|---|
£218,000 | 12 Jun 2008 |
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 June 2008 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £218,000 results in an estimated price of approximately £355,156.
12 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 149.7 | 62.916 % | £218,000 | £137,156 | £355,156 |
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 | -11.525 % | £-25,124 | £192,875 |
3 Month Average | 2.502 % | £5,454 | £223,454 |
6 Month Average | 6.691 % | £14,585 | £232,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £337,669 | £330,000 | 2 CLIFTON GARDENS |
25 Aug 2023 | £250,518 | £246,000 | 14 MUSGRAVE ROAD |
19 Aug 2022 | £496,321 | £494,000 | 11 VALLEY DRIVE |
11 Jul 2022 | £387,887 | £384,000 | 4 VALLEY DRIVE |
25 Feb 2022 | £302,147 | £286,000 | 110 DRYDEN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Valley Drive |
Apr 2024 | Burglary | Awaiting court outcome | On or near A167 |
Apr 2024 | Violence and sexual offences | Under investigation | On or near A167 |