£462,650
This estimated value is based upon the latest sale price for the house of £340,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £340,000 | 31 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,431 sq feet |
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 2016 the House Price Index for TYNE AND WEAR was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £340,000 results in an estimated price of approximately £462,650.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £340,000 | £122,650 | £462,650 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 1.917 % | £6,518 | £346,518 |
| 3 Month Average | -4.388 % | £-14,919 | £325,080 |
| 6 Month Average | 3.888 % | £13,220 | £353,220 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £158,170 | £155,000 | 51 HIGHWORTH DRIVE |
| 9 Jun 2023 | £140,312 | £137,500 | 14 HEUGH HILL |
| 6 Apr 2023 | £104,963 | £103,000 | 19 HEUGH HILL |
| 25 Nov 2022 | £136,362 | £137,000 | 41 HIGHWORTH DRIVE |
| 30 May 2022 | £354,228 | £345,000 | THE OLD POLICE HOUSE HEUGH HILL |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 16 Feb 2016. Using an estimated price of £462,650 means this house is valued at £3,478 per sq meter (£323 per sq foot).
There is one other house on the street which we know the size of, this is 5 HIGHBURY CLOSE it is 178.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Heugh Hill | |
| May 2024 | Anti-social behaviour | On or near Heugh Hill | |
| May 2024 | Anti-social behaviour | On or near Heugh Hill | |
| May 2024 | Vehicle crime | Under investigation | On or near Heugh Hill |
| May 2024 | Violence and sexual offences | Under investigation | On or near Heugh Hill |