£433,236
This estimated value is based upon the latest sale price for the house of £117,500 on 27 Oct 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £117,500 | 27 Oct 2000 |
| 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 October 2000 the House Price Index for TYNE AND WEAR was 40.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 268.712%.Applying this 268.712% change to the original purchase price of £117,500 results in an estimated price of approximately £433,236.
| 27 Oct 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 149.7 | 268.712 % | £117,500 | £315,736 | £433,236 |
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 | 51.213 % | £60,174 | £177,674 |
| 3 Month Average | 235.842 % | £277,114 | £394,614 |
| 6 Month Average | 228.123 % | £268,044 | £385,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £573,014 | £560,000 | 40 NORTH RIDGE |
| 22 Jun 2023 | £663,241 | £649,950 | 26 NORTH RIDGE |
| 28 Apr 2023 | £214,003 | £210,000 | 18 BERRISHILL GROVE |
| 17 Feb 2023 | £624,169 | £620,000 | 50 NORTH RIDGE |
| 8 Jul 2022 | £189,903 | £188,000 | 22 BERRISHILL GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Investigation complete; no suspect identified | On or near Newsteads Drive |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Newsteads Drive |
| May 2024 | Anti-social behaviour | On or near Newsteads Drive | |
| May 2024 | Anti-social behaviour | On or near Newsteads Drive | |
| May 2024 | Other theft | Under investigation | On or near Newsteads Drive |