£247,650
This estimated value is based upon the latest sale price for the house of £195,000 on 20 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £195,000 | 20 Nov 2017 |
| £78,000 | 1 Dec 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £195,000 results in an estimated price of approximately £247,650.
| 20 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £195,000 | £52,650 | £247,650 |
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 | -17.028 % | £-33,205 | £161,794 |
| 3 Month Average | -1.558 % | £-3,038 | £191,961 |
| 6 Month Average | 7.705 % | £15,025 | £210,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £249,839 | £246,000 | 14 STRATFORD GARDENS |
| 28 Sep 2023 | £327,213 | £320,000 | 48 JOICEY ROAD |
| 4 Sep 2023 | £306,762 | £300,000 | 42 JOICEY ROAD |
| 24 Apr 2023 | £216,041 | £212,000 | 3 JOICEY ROAD |
| 16 Jan 2023 | £283,758 | £283,000 | 17 THORNLEA GARDENS |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 Aug 2017. Using an estimated price of £247,650 means this house is valued at £2,782 per sq meter (£258 per sq foot).
The average size of a house on HEATHFIELD ROAD is 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Joicey Road | |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Joicey Road |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Thornlea Gardens |
| May 2024 | Violence and sexual offences | Under investigation | On or near Stratford Gardens |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Stratford Gardens |