£201,471
This estimated value is based upon the latest sale price for the house of £50,000 on 10 Dec 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £50,000 | 10 Dec 1999 |
| 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 December 1999 the House Price Index for TYNE AND WEAR was 36.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 302.943%.Applying this 302.943% change to the original purchase price of £50,000 results in an estimated price of approximately £201,471.
| 10 Dec 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.9 | 148.6 | 302.943 % | £50,000 | £151,471 | £201,471 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 97.707 % | £48,853 | £98,853 |
| 3 Month Average | 166.336 % | £83,168 | £133,168 |
| 6 Month Average | 224.671 % | £112,335 | £162,335 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £300,253 | £295,000 | 3 ST CUTHBERTS ROAD |
| 7 Mar 2023 | £141,332 | £140,000 | 456 WEST ROAD |
| 10 Feb 2023 | £109,876 | £109,950 | 11 ABBOTSMEADE CLOSE |
| 29 Jul 2022 | £233,128 | £232,500 | 2 SILVERHILL DRIVE |
| 29 Jul 2022 | £197,532 | £197,000 | 17 BENWELL HILL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colwell Place |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near St Cuthbert'S Road |
| Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Road | |
| Jan 2024 | Anti-social behaviour | On or near St Cuthbert'S Road | |
| Feb 2024 | Anti-social behaviour | On or near Terry Cooney Place |