£397,166
This estimated value is based upon the latest sale price for the house of £190,000 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £190,000 | 19 Mar 2004 |
| Detached |
| Freehold |
| Floor Area: 123 sq meters or 1,323 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 March 2004 the House Price Index for TYNE AND WEAR was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £190,000 results in an estimated price of approximately £397,166.
| 19 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £190,000 | £207,166 | £397,166 |
The Postcode Pricing Model uses changes in average sales price within the NE7 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 | 100.074 % | £190,140 | £380,140 |
| 3 Month Average | 65.650 % | £124,734 | £314,734 |
| 6 Month Average | 65.819 % | £125,055 | £315,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £323,483 | £320,000 | 51 WESTLANDS |
| 17 Feb 2023 | £325,781 | £326,000 | 47 WESTLANDS |
| 22 Nov 2022 | £286,529 | £290,000 | 16 FREEMAN ROAD |
| 18 Nov 2022 | £313,206 | £317,000 | 53 WESTLANDS |
| 24 Oct 2022 | £504,567 | £510,000 | 107 JESMOND PARK WEST |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Feb 2016. Using an estimated price of £397,166 means this house is valued at £3,228 per sq meter (£299 per sq foot).
The average size of a house on HAMBLEDON GARDENS is 135 sq meters (1,454 sq feet).
This house is the largest in the street with a floor area of 123 sq meters (1,323 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Drugs | Under investigation | On or near Sports/Recreation Area |
| Apr 2024 | Possession of weapons | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Sports/Recreation Area |