£396,573
This estimated value is based upon the latest sale price for the house of £112,500 on 16 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 |
|---|---|
| £112,500 | 16 Mar 2001 |
| 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 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 £112,500 results in an estimated price of approximately £396,573.
| 16 Mar 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 149.7 | 252.510 % | £112,500 | £284,073 | £396,573 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 322.880 % | £363,239 | £475,739 |
| 3 Month Average | 267.033 % | £300,411 | £412,911 |
| 6 Month Average | 222.222 % | £249,999 | £362,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £134,424 | £132,000 | 22 WORTHING CLOSE |
| 30 Jan 2023 | £35,094 | £35,000 | 14 WORTHING CLOSE |
| 6 Jan 2023 | £160,429 | £160,000 | 15 WIMSLOW CLOSE |
| 16 Sep 2022 | £324,783 | £325,000 | 10 GREEN PARK |
| 4 Jul 2022 | £378,796 | £375,000 | 6 HYDE PARK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Worthing Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worthing Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Waltham Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Waltham Close |
| May 2024 | Anti-social behaviour | On or near Waltham Close |