£353,565
This estimated value is based upon the latest sale price for the house of £194,000 on 28 Oct 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Sports/Recreation Area
More crime details
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| Price Paid | Date |
|---|---|
| £194,000 | 28 Oct 2005 |
| £108,000 | 26 Oct 2001 |
| 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 October 2005 the House Price Index for TYNE AND WEAR was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £194,000 results in an estimated price of approximately £353,565.
| 28 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £194,000 | £159,565 | £353,565 |
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 | 88.573 % | £171,831 | £365,831 |
| 3 Month Average | 45.275 % | £87,833 | £281,833 |
| 6 Month Average | 46.040 % | £89,318 | £283,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £185,000 | £185,000 | 23 BEANLEY PLACE |
| 3 Aug 2023 | £423,707 | £420,000 | 4 STOKESLEY GROVE |
| 31 Jan 2023 | £283,664 | £285,000 | 71 NEWTON ROAD |
| 6 Apr 2022 | £334,685 | £325,000 | 53 COTSWOLD GARDENS |
| 23 Sep 2021 | £351,295 | £326,000 | 39 NEWTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotswold Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Stanley Grove |