£424,348
This estimated value is based upon the latest sale price for the house of £250,000 on 30 Apr 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £250,000 | 30 Apr 2010 |
| £249,950 | 2 Nov 2007 |
| £120,000 | 28 Sep 2001 |
| £96,000 | 18 Oct 1996 |
| 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 April 2010 the House Price Index for TYNE AND WEAR was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £250,000 results in an estimated price of approximately £424,348.
| 30 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £250,000 | £174,348 | £424,348 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 13.677 % | £34,192 | £284,192 |
| 3 Month Average | 29.904 % | £74,759 | £324,759 |
| 6 Month Average | 41.507 % | £103,766 | £353,766 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £228,381 | £225,000 | 157 OAKFIELD ROAD |
| 1 Nov 2023 | £309,583 | £305,000 | 7 OAKHAM AVENUE |
| 29 Sep 2023 | £238,044 | £235,000 | 34 ANCASTER ROAD |
| 20 Jan 2023 | £119,432 | £119,995 | 9 FELLSIDE MEWS |
| 10 Jun 2022 | £121,720 | £120,000 | 22 MARSTON WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Apr 2024 | Anti-social behaviour | On or near Supermarket | |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Supermarket |