£178,047
This estimated value is based upon the latest sale price for the house of £149,950 on 18 Sep 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £149,950 | 18 Sep 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 September 2020 the House Price Index for TYNE AND WEAR was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £149,950 results in an estimated price of approximately £178,047.
| 18 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £149,950 | £28,097 | £178,047 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 31.818 % | £47,710 | £197,660 |
| 3 Month Average | 19.113 % | £28,659 | £178,609 |
| 6 Month Average | 16.655 % | £24,974 | £174,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £158,890 | £157,500 | 80 BRIAR LEA |
| 16 Aug 2023 | £156,368 | £155,000 | 10 GOLF COURSE ROAD |
| 8 Aug 2023 | £145,271 | £144,000 | 6 BOUNDARY HOUSES |
| 20 Jul 2023 | £223,001 | £220,000 | SUMMER COTTAGE, 7 BOUNDARY HOUSES |
| 21 Apr 2023 | £136,469 | £135,000 | 81 BRIAR LEA |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 10 Sep 2014. Using an estimated price of £178,048 means this house is valued at £1,780 per sq meter (£165 per sq foot).
The average size of a house on BOWES LEA is 112 sq meters (1,210 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Golf Course Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Golf Course Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Golf Course Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Golf Course Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Birkdale Drive |