£310,535
This estimated value is based upon the latest sale price for the house of £128,000 on 27 Mar 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £128,000 | 27 Mar 2003 |
| 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 March 2003 the House Price Index for TYNE AND WEAR was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £128,000 results in an estimated price of approximately £310,535.
| 27 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 61.3 | 148.6 | 142.606 % | £128,000 | £182,535 | £310,535 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 174.265 % | £223,059 | £351,059 |
| 3 Month Average | 150.412 % | £192,527 | £320,527 |
| 6 Month Average | 146.003 % | £186,883 | £314,883 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2022 | £304,300 | £300,000 | 10 GREENHAUGH ROAD |
| 27 Jun 2022 | £233,297 | £230,000 | 27 OTTERBURN AVENUE |
| 18 Nov 2021 | £386,641 | £357,500 | 13 TARSET ROAD |
| 2 Aug 2021 | £264,401 | £237,000 | 10 THORNEYBURN AVENUE |
| 26 Feb 2021 | £194,122 | £171,000 | 7 GREENHAUGH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ludlow Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wilton Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Stobswood Close |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Otterburn Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Otterburn Avenue |