£59,723
This estimated value is based upon the latest sale price for the house of £59,000 on 1 Jun 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,000 | 1 Jun 2023 |
| £85,000 | 26 Sep 2007 |
| £50,000 | 2 Aug 2004 |
| Terraced |
| 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 June 2023 the House Price Index for TYNE AND WEAR was 146.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.226%.Applying this 1.226% change to the original purchase price of £59,000 results in an estimated price of approximately £59,723.
| 1 Jun 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.6 | 1.226 % | £59,000 | £723 | £59,723 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -24.003 % | £-14,162 | £44,837 |
| 3 Month Average | -2.114 % | £-1,246 | £57,753 |
| 6 Month Average | 2.559 % | £1,509 | £60,509 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £169,483 | £168,000 | 23 ROXBY GARDENS |
| 1 Jun 2023 | £59,723 | £59,000 | 36A WALLSEND ROAD |
| 31 Mar 2023 | £151,427 | £150,000 | 49 THE QUADRANT |
| 17 Mar 2023 | £196,855 | £195,000 | 21 BRAMPTON PLACE |
| 1 Nov 2022 | £116,094 | £117,500 | 76 WALLSEND ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cartington Road |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bawtry Grove |
| Mar 2024 | Anti-social behaviour | On or near Bawtry Grove | |
| Mar 2024 | Anti-social behaviour | On or near Bawtry Grove | |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bawtry Grove |