£414,456
This estimated value is based upon the latest sale price for the house of £83,000 on 16 Sep 1997. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near A167
More crime details
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| Price Paid | Date |
|---|---|
| £83,000 | 16 Sep 1997 |
| Semi-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 September 1997 the House Price Index for TYNE AND WEAR was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £83,000 results in an estimated price of approximately £414,456.
| 16 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £83,000 | £331,456 | £414,456 |
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 | 186.968 % | £155,183 | £238,183 |
| 3 Month Average | 262.019 % | £217,475 | £300,475 |
| 6 Month Average | 244.935 % | £203,296 | £286,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £248,171 | £246,000 | 14 MUSGRAVE ROAD |
| 10 Mar 2023 | £486,079 | £481,500 | 301 DURHAM ROAD |
| 11 Jul 2022 | £385,036 | £384,000 | 4 VALLEY DRIVE |
| 15 Dec 2021 | £227,668 | £212,500 | 4 DENE HOUSE DURHAM ROAD |
| 19 Nov 2021 | £343,921 | £318,000 | 15 LAVENDER GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near A167 |
| Apr 2024 | Burglary | Under investigation | On or near A167 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Clifton Gardens |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Musgrave Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Musgrave Road |