£368,599
This estimated value is based upon the latest sale price for the house of £64,950 on 4 Apr 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £64,950 | 4 Apr 1996 |
| Semi-Detached |
| Leasehold |
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 April 1996 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.512%.Applying this 467.512% change to the original purchase price of £64,950 results in an estimated price of approximately £368,599.
| 4 Apr 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.512 % | £64,950 | £303,649 | £368,599 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 347.243 % | £225,534 | £290,484 |
| 3 Month Average | 396.421 % | £257,475 | £322,425 |
| 6 Month Average | 431.255 % | £280,100 | £345,050 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £196,708 | £195,000 | FLAT 1 BURNSIDE HOUSE, 5 ROCKCLIFFE GARDENS |
| 8 Mar 2024 | £261,518 | £257,500 | 6 GORDON TERRACE |
| 31 Oct 2023 | £173,951 | £170,000 | 9 ROCKCLIFFE STREET |
| 2 Mar 2023 | £42,713 | £42,000 | 5 GUARDIAN COURT ROCKCLIFFE AVENUE |
| 27 Jan 2023 | £207,555 | £207,000 | FLAT 3 BURNSIDE HOUSE, 5 ROCKCLIFFE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rockcliffe Street |
| Jul 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Rockcliffe Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Rockcliffe Street |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Gordon Square |
| May 2024 | Burglary | Under investigation | On or near Gordon Square |