£478,830
This estimated value is based upon the latest sale price for the house of £96,650 on 23 Oct 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£96,650 | 23 Oct 1997 |
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 1997 the House Price Index for TYNE AND WEAR was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £96,650 results in an estimated price of approximately £478,830.
23 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.0 | 148.6 | 395.428 % | £96,650 | £382,180 | £478,830 |
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 | 229.330 % | £221,647 | £318,297 |
3 Month Average | 251.532 % | £243,105 | £339,755 |
6 Month Average | 281.025 % | £271,610 | £368,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £334,502 | £330,000 | 6 CAYNHAM CLOSE |
7 Jul 2023 | £286,354 | £282,500 | 159A ABBOTS WAY |
29 Apr 2022 | £313,574 | £304,500 | 189 ABBOTS WAY |
31 Jan 2022 | £227,320 | £216,000 | 250 ABBOTS WAY |
2 Sep 2021 | £227,372 | £211,000 | 99 MALVERN ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Cleehill Drive |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Wenlock Drive |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Ludlow Avenue |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Kelso Drive |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Kelso Drive |