£223,606
This estimated value is based upon the latest sale price for the house of £59,995 on 7 Aug 2000. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Southfields
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| Price Paid | Date |
|---|---|
| £59,995 | 7 Aug 2000 |
| £57,500 | 19 Dec 1996 |
| Semi-Detached |
| Leasehold |
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 August 2000 the House Price Index for TYNE AND WEAR was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £59,995 results in an estimated price of approximately £223,606.
| 7 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £59,995 | £163,611 | £223,606 |
The Postcode Pricing Model uses changes in average sales price within the NE23 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 | 164.920 % | £98,943 | £158,938 |
| 3 Month Average | 183.191 % | £109,905 | £169,900 |
| 6 Month Average | 184.390 % | £110,624 | £170,619 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £127,743 | £124,500 | 5 WATSON AVENUE |
| 3 Nov 2023 | £54,893 | £53,500 | 19 EAST VIEW TERRACE |
| 2 Nov 2023 | £238,042 | £232,000 | 21 BROOKSIDE |
| 22 Aug 2023 | £91,653 | £90,000 | 14 EAST VIEW TERRACE |
| 12 Jun 2023 | £262,766 | £257,500 | 13 TANTALLON COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Southfields |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southfields |
| Jul 2024 | Anti-social behaviour | On or near Tantallon Court | |
| May 2024 | Anti-social behaviour | On or near Tantallon Court | |
| May 2024 | Anti-social behaviour | On or near Tantallon Court |