£363,785
This estimated value is based upon the latest sale price for the house of £219,000 on 11 Jul 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £219,000 | 11 Jul 2013 |
| £174,000 | 26 Feb 2009 |
| 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 July 2013 the House Price Index for TYNE AND WEAR was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £219,000 results in an estimated price of approximately £363,785.
| 11 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £219,000 | £144,785 | £363,785 |
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 | -9.003 % | £-19,716 | £199,283 |
| 3 Month Average | 15.689 % | £34,358 | £253,358 |
| 6 Month Average | 19.077 % | £41,779 | £260,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £263,367 | £260,000 | 19 OAKWOOD AVENUE |
| 21 Mar 2023 | £343,234 | £340,000 | 10 IVY LANE |
| 7 Nov 2022 | £192,666 | £195,000 | 16 CEDARS GREEN |
| 11 Feb 2022 | £372,287 | £355,000 | 60 CALDERWOOD CRESCENT |
| 20 Aug 2021 | £205,273 | £184,000 | 38 CALDERWOOD CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cedars Green |
| Apr 2024 | Anti-social behaviour | On or near Brampton Gardens | |
| Mar 2024 | Public order | Under investigation | On or near Brampton Gardens |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Brampton Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brampton Gardens |