£220,274
This estimated value is based upon the latest sale price for the house of £62,950 on 23 Mar 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £62,950 | 23 Mar 2001 |
| 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 March 2001 the House Price Index for TYNE AND WEAR was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £62,950 results in an estimated price of approximately £220,274.
| 23 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 148.6 | 249.920 % | £62,950 | £157,324 | £220,274 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 235.573 % | £148,293 | £211,243 |
| 3 Month Average | 217.645 % | £137,007 | £199,957 |
| 6 Month Average | 228.064 % | £143,565 | £206,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £166,618 | £166,730 | 40 CRESSWELL ROAD |
| 27 Jan 2022 | £86,824 | £82,500 | 237 HIGH STREET WEST |
| 24 Sep 2021 | £112,070 | £104,000 | 60 LYNN ROAD |
| 31 Aug 2021 | £111,562 | £100,000 | 3 CRESSWELL ROAD |
| 5 Mar 2021 | £222,622 | £200,000 | 20 ST AIDANS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Under investigation | On or near St Aidan'S Road |
| Jan 2024 | Anti-social behaviour | On or near High Street West | |
| Jan 2024 | Anti-social behaviour | On or near High Street West | |
| Jan 2024 | Anti-social behaviour | On or near High Street West | |
| Jan 2024 | Anti-social behaviour | On or near High Street West |