£108,754
This estimated value is based upon the latest sale price for the house of £75,000 on 17 Jul 2015. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 17 Jul 2015 |
| £99,950 | 25 Jun 2004 |
| Semi-Detached |
| 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 July 2015 the House Price Index for TYNE AND WEAR was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £75,000 results in an estimated price of approximately £108,754.
| 17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £75,000 | £33,754 | £108,754 |
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 | -38.305 % | £-28,728 | £46,271 |
| 3 Month Average | -2.649 % | £-1,987 | £73,012 |
| 6 Month Average | -1.541 % | £-1,155 | £73,844 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £92,853 | £90,000 | 15 THE CEDARS |
| 24 Nov 2023 | £235,990 | £230,000 | 3 MONUMENT VIEW |
| 29 Jul 2022 | £111,113 | £110,000 | 77 ALLENDALE CRESCENT |
| 20 Jul 2022 | £116,164 | £115,000 | 4 THE POPLARS |
| 10 Jun 2022 | £141,014 | £138,000 | 2 TULIP COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Monument View | |
| May 2024 | Anti-social behaviour | On or near Monument View | |
| May 2024 | Anti-social behaviour | On or near Monument View | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fenwick Street |