£72,937
This estimated value is based upon the latest sale price for the house of £48,103 on 17 Sep 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £48,103 | 17 Sep 2014 |
| £79,500 | 28 Mar 2008 |
| Terraced |
| 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 September 2014 the House Price Index for TYNE AND WEAR was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £48,103 results in an estimated price of approximately £72,937.
| 17 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £48,103 | £24,834 | £72,937 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -85.250 % | £-41,007 | £7,095 |
| 3 Month Average | -33.283 % | £-16,010 | £32,092 |
| 6 Month Average | -11.454 % | £-5,509 | £42,593 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £137,000 | £137,000 | 315 COACH ROAD ESTATE |
| 5 Apr 2024 | £67,083 | £66,500 | 550 COACH ROAD ESTATE |
| 17 Nov 2023 | £102,605 | £100,000 | 537 COACH ROAD ESTATE |
| 27 Oct 2023 | £138,137 | £135,000 | 20 GLENDALE AVENUE |
| 25 Oct 2023 | £107,440 | £105,000 | 11 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Drive |
| Jun 2024 | Anti-social behaviour | On or near The Drive | |
| Jun 2024 | Anti-social behaviour | On or near The Drive | |
| Jul 2024 | Public order | Awaiting court outcome | On or near North Avenue |
| Jul 2024 | Anti-social behaviour | On or near North Avenue |