£685,069
This estimated value is based upon the latest sale price for the house of £130,000 on 9 Apr 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£130,000 | 9 Apr 1997 |
£140,000 | 14 Mar 1995 |
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 April 1997 the House Price Index for TYNE AND WEAR was 28.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 426.976%.Applying this 426.976% change to the original purchase price of £130,000 results in an estimated price of approximately £685,069.
9 Apr 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.4 | 149.7 | 426.976 % | £130,000 | £555,069 | £685,069 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 104.357 % | £135,663 | £265,663 |
3 Month Average | 334.843 % | £435,295 | £565,295 |
6 Month Average | 314.530 % | £408,889 | £538,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £616,112 | £605,000 | 5 WELL RIDGE PARK |
5 Jun 2023 | £668,395 | £655,000 | 13 HADDINGTON ROAD |
13 May 2022 | £643,258 | £626,500 | 14 WELL RIDGE PARK |
18 Feb 2022 | £501,817 | £475,000 | 25 HUNTLY ROAD |
27 Sep 2021 | £417,944 | £385,000 | 48 GAINSBOROUGH CLOSE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Huntly Road |
Jun 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Close |
May 2024 | Public order | Under investigation | On or near Beaconsfield Close |
Jul 2024 | Public order | Awaiting court outcome | On or near Hillsden Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Hillsden Road |