£197,405
This estimated value is based upon the latest sale price for the house of £56,000 on 14 Mar 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £56,000 | 14 Mar 2001 |
| Terraced |
| 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 252.510%.Applying this 252.510% change to the original purchase price of £56,000 results in an estimated price of approximately £197,405.
| 14 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £56,000 | £141,405 | £197,405 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 127.876 % | £71,610 | £127,610 |
| 3 Month Average | 249.781 % | £139,877 | £195,877 |
| 6 Month Average | 253.410 % | £141,909 | £197,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £279,291 | £275,000 | 7 GLANTON ROAD |
| 24 Jan 2023 | £265,710 | £265,000 | 30 CORNHILL CRESCENT |
| 22 Nov 2022 | £139,348 | £140,000 | 41 COAST ROAD |
| 11 Nov 2022 | £278,946 | £280,250 | 38 GLANTON ROAD |
| 2 Nov 2022 | £193,097 | £194,000 | 47 COAST ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Sheringham Avenue | |
| May 2024 | Anti-social behaviour | On or near Sheringham Avenue | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sheringham Avenue |
| May 2024 | Anti-social behaviour | On or near Sheringham Avenue | |
| Apr 2024 | Public order | Under investigation | On or near Sheringham Avenue |