£237,594
This estimated value is based upon the latest sale price for the house of £42,500 on 30 Aug 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £42,500 | 30 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
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 August 1996 the House Price Index for TYNE AND WEAR was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £42,500 results in an estimated price of approximately £237,594.
| 30 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £42,500 | £195,094 | £237,594 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 477.388 % | £202,889 | £245,389 |
| 3 Month Average | 361.061 % | £153,450 | £195,950 |
| 6 Month Average | 340.069 % | £144,529 | £187,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £337,935 | £335,000 | 15 NORTHUMBERLAND GARDENS |
| 13 Nov 2023 | £389,897 | £380,000 | 31 NORTHUMBERLAND GARDENS |
| 3 Nov 2023 | £112,865 | £110,000 | 14 DENESIDE COURT |
| 23 Sep 2022 | £134,910 | £135,000 | 62 DENESIDE COURT |
| 16 Sep 2022 | £289,806 | £290,000 | 11 GROSVENOR GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Wolseley Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolseley Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |