£303,521
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Mar 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 |
|---|---|
| £180,000 | 15 Mar 2013 |
| £85,000 | 30 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £180,000 results in an estimated price of approximately £303,521.
| 15 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £180,000 | £123,521 | £303,521 |
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 | 0.982 % | £1,767 | £181,767 |
| 3 Month Average | 4.831 % | £8,696 | £188,696 |
| 6 Month Average | 10.421 % | £18,758 | £198,758 |
| 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 106 sq meters or 1,140 sq feet when measured on 13 Aug 2012. Using an estimated price of £303,522 means this house is valued at £2,863 per sq meter (£266 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 |