£273,425
This estimated value is based upon the latest sale price for the house of £94,950 on 7 Jun 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £94,950 | 7 Jun 2002 |
| 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 June 2002 the House Price Index for TYNE AND WEAR was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £94,950 results in an estimated price of approximately £273,425.
| 7 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 149.7 | 187.968 % | £94,950 | £178,475 | £273,425 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 125.944 % | £119,584 | £214,534 |
| 3 Month Average | 164.114 % | £155,826 | £250,776 |
| 6 Month Average | 201.159 % | £191,000 | £285,950 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £129,994 | £126,000 | 42 VILLAGE COURT |
| 21 Apr 2023 | £188,526 | £185,000 | 17 VILLAGE COURT |
| 11 Apr 2023 | £112,097 | £110,000 | 30 VILLAGE COURT |
| 6 Jan 2023 | £180,482 | £180,000 | 50 VILLAGE COURT |
| 20 Jun 2022 | £364,798 | £357,000 | 97 BEECH GROVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Awaiting court outcome | On or near Beech Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Beech Grove |
| Jun 2024 | Vehicle crime | Under investigation | On or near Hawthorn Gardens |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorn Gardens |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Sanderson Road |