£857,120
This estimated value is based upon the latest sale price for the house of £689,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £689,000 | 7 Sep 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 298 sq meters or 3,207 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 September 2018 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £689,000 results in an estimated price of approximately £857,120.
| 7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £689,000 | £168,120 | £857,120 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | -22.745 % | £-156,712 | £532,287 |
| 3 Month Average | 20.888 % | £143,920 | £832,920 |
| 6 Month Average | 43.158 % | £297,356 | £986,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £397,205 | £385,000 | 47 VENTNOR GARDENS |
| 30 Oct 2023 | £381,157 | £372,500 | 59 VENTNOR GARDENS |
| 15 Sep 2023 | £585,405 | £572,500 | 1 GLENDALE AVENUE |
| 21 Jun 2023 | £668,395 | £655,000 | 17 ASHFIELD GROVE |
| 21 Feb 2023 | £664,438 | £660,000 | 16 ASHFIELD GROVE |
This house has a floor area of 298 sq meters or 3,207 sq feet when measured on 12 Jul 2017. Using an estimated price of £857,120 means this house is valued at £2,876 per sq meter (£267 per sq foot).
The average size of a house on THE LINKS is 173 sq meters (1,870 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near A193 |
| Jul 2024 | Anti-social behaviour | On or near A193 | |
| Jun 2024 | Public order | Under investigation | On or near A193 |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near A193 |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Glendale Avenue |