£287,074
This estimated value is based upon the latest sale price for the house of £102,500 on 26 Jul 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£102,500 | 26 Jul 2002 |
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 2002 the House Price Index for TYNE AND WEAR was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £102,500 results in an estimated price of approximately £287,074.
26 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £102,500 | £184,574 | £287,074 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 67.867 % | £69,563 | £172,063 |
3 Month Average | 99.706 % | £102,198 | £204,698 |
6 Month Average | 109.011 % | £111,736 | £214,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £143,758 | £142,500 | 2 SATLEY GARDENS |
14 Apr 2023 | £144,051 | £142,500 | 19 STAINTON GARDENS |
24 Feb 2023 | £204,862 | £205,000 | 22 HILLDYKE |
20 Jan 2023 | £166,964 | £167,750 | 11 HILLDYKE |
20 Jan 2023 | £278,687 | £280,000 | 27 LONG BANK |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Sports/Recreation Area |
Mar 2024 | Vehicle crime | Awaiting court outcome | On or near Sports/Recreation Area |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Stanley Gardens |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Stanley Gardens |
Mar 2024 | Drugs | Under investigation | On or near Stanley Gardens |