£114,872
This estimated value is based upon the latest sale price for the house of £69,950 on 12 Jan 2007. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £69,950 | 12 Jan 2007 |
| £38,000 | 24 Oct 2003 |
| Flats/Maisonettes |
| 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 January 2007 the House Price Index for TYNE AND WEAR was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £69,950 results in an estimated price of approximately £114,872.
| 12 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £69,950 | £44,922 | £114,872 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -33.268 % | £-23,270 | £46,679 |
| 3 Month Average | -5.374 % | £-3,759 | £66,190 |
| 6 Month Average | 21.529 % | £15,059 | £85,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £170,176 | £168,000 | 10 MATLOCK GARDENS |
| 11 Aug 2023 | £65,574 | £65,000 | 4 AMBERGATE CLOSE |
| 21 Jul 2023 | £121,637 | £120,000 | 64 TREVELYAN DRIVE |
| 3 Mar 2023 | £239,759 | £237,500 | 11 CHATSWORTH GARDENS |
| 24 Feb 2023 | £182,377 | £182,500 | 7 CHATSWORTH GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Matlock Gardens |
| Feb 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Matlock Gardens |