£240,862
This estimated value is based upon the latest sale price for the house of £145,000 on 5 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £145,000 | 5 Jul 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 sq feet |
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 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £145,000 results in an estimated price of approximately £240,862.
| 5 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £145,000 | £95,862 | £240,862 |
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 | -9.003 % | £-13,054 | £131,945 |
| 3 Month Average | 15.689 % | £22,749 | £167,749 |
| 6 Month Average | 19.077 % | £27,662 | £172,662 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | 3 VICTORIA TERRACE |
| 23 Jun 2023 | £156,901 | £155,000 | 51 HIGHWORTH DRIVE |
| 9 Jun 2023 | £139,186 | £137,500 | 14 HEUGH HILL |
| 6 Apr 2023 | £104,121 | £103,000 | 19 HEUGH HILL |
| 25 Nov 2022 | £135,360 | £137,000 | 41 HIGHWORTH DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 9 Nov 2012. Using an estimated price of £240,863 means this house is valued at £3,048 per sq meter (£283 per sq foot).
The average size of a house on HIGHWORTH DRIVE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Peareth Hall Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Peareth Hall Road |
| Feb 2024 | Public order | Under investigation | On or near Peareth Hall Road |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive | |
| Feb 2024 | Anti-social behaviour | On or near Highworth Drive |