£6,409
This estimated value is based upon the latest sale price for the house of £5,150 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £5,150 | 7 Jun 2019 |
| £58,000 | 28 Nov 1997 |
| 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 June 2019 the House Price Index for TYNE AND WEAR was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £5,150 results in an estimated price of approximately £6,409.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £5,150 | £1,259 | £6,409 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 66.523 % | £3,425 | £8,575 |
| 3 Month Average | -7.036 % | £-362 | £4,787 |
| 6 Month Average | -5.758 % | £-296 | £4,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £209,621 | £205,000 | 8 WOODVALE DRIVE |
| 20 Sep 2023 | £255,635 | £250,000 | 17 WOODVALE DRIVE |
| 28 Apr 2022 | £280,104 | £270,000 | 72 NORTH DRIVE |
| 26 Jan 2022 | £153,729 | £145,000 | 197 ST ALOYSIUS VIEW |
| 15 Dec 2021 | £140,310 | £130,000 | 199 ST ALOYSIUS VIEW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near North Drive |
| May 2024 | Anti-social behaviour | On or near High Croft Close | |
| May 2024 | Anti-social behaviour | On or near High Croft Close | |
| May 2024 | Anti-social behaviour | On or near High Croft Close | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Woodvale Drive |