£229,688
This estimated value is based upon the latest sale price for the house of £73,000 on 11 Jan 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 |
---|---|
£73,000 | 11 Jan 2002 |
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 January 2002 the House Price Index for TYNE AND WEAR was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £73,000 results in an estimated price of approximately £229,688.
11 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
47.6 | 149.7 | 214.641 % | £73,000 | £156,688 | £229,688 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 121.418 % | £88,635 | £161,635 |
3 Month Average | 225.240 % | £164,425 | £237,425 |
6 Month Average | 232.766 % | £169,919 | £242,919 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 May 2024 | £365,000 | £365,000 | 10 ST ANSELM CRESCENT |
27 Nov 2023 | £66,693 | £65,000 | 22 MOOR PARK ROAD |
27 Oct 2023 | £189,299 | £185,000 | 5 ST ANSELM CRESCENT |
22 Sep 2023 | £245,359 | £239,950 | 35 MOOR CLOSE |
8 Feb 2023 | £138,928 | £138,000 | 2 HEXHAM CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Under investigation | On or near Moor Park Road |
Jul 2024 | Anti-social behaviour | On or near Alston Close | |
Jun 2024 | Anti-social behaviour | On or near Chirton Hill Drive | |
Jun 2024 | Anti-social behaviour | On or near Chirton Hill Drive | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Chirton Hill Drive |