£372,068
This estimated value is based upon the latest sale price for the house of £204,950 on 13 Dec 2005. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £204,950 | 13 Dec 2005 |
| 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 December 2005 the House Price Index for TYNE AND WEAR was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £204,950 results in an estimated price of approximately £372,068.
| 13 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £204,950 | £167,118 | £372,068 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -33.185 % | £-68,011 | £136,938 |
| 3 Month Average | 10.892 % | £22,324 | £227,274 |
| 6 Month Average | 13.129 % | £26,908 | £231,858 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £79,692 | £79,000 | 5 HARWOOD DRIVE |
| 15 Dec 2023 | £81,504 | £79,000 | 58 HARWOOD DRIVE |
| 10 Nov 2023 | £297,502 | £289,950 | 24 ELLESMERE CLOSE |
| 29 Jun 2023 | £280,624 | £275,000 | 23 ELLESMERE CLOSE |
| 20 Feb 2023 | £73,491 | £73,000 | 32 ELLESMERE CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Harwood Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Bankhead Terrace |
| Jul 2024 | Other crime | Under investigation | On or near Bankhead Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sedgeletch Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sedgeletch Road |