£126,514
This estimated value is based upon the latest sale price for the house of £73,000 on 10 Jun 2011. 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 | 10 Jun 2011 |
| £85,000 | 12 Aug 2005 |
| £73,000 | 18 Jun 2004 |
| £55,000 | 17 Dec 2003 |
| Terraced |
| Leasehold |
| Floor Area: 44 sq meters or 474 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 June 2011 the House Price Index for TYNE AND WEAR was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £73,000 results in an estimated price of approximately £126,514.
| 10 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £73,000 | £53,514 | £126,514 |
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 | 9.823 % | £7,170 | £80,170 |
| 3 Month Average | 31.945 % | £23,319 | £96,319 |
| 6 Month Average | 29.218 % | £21,329 | £94,329 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £345,523 | £342,500 | 29 CROMER AVENUE |
| 28 Apr 2023 | £116,252 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 9 Mar 2023 | £484,565 | £480,000 | 760 DURHAM ROAD |
| 18 Nov 2022 | £114,859 | £116,250 | 4 LYNDEN GATE CROMER AVENUE |
| 31 Oct 2022 | £215,678 | £218,000 | 17 PORTLAND GARDENS |
This house has a floor area of 44 sq meters or 474 sq feet when measured on 5 Nov 2010. Using an estimated price of £126,515 means this house is valued at £2,868 per sq meter (£266 per sq foot).
The average size of a house on BODMIN COURT is 54 sq meters (590 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Mar 2024 | Anti-social behaviour | On or near Weymouth Gardens | |
| Mar 2024 | Public order | Under investigation | On or near Weymouth Gardens |