£273,382
This estimated value is based upon the latest sale price for the house of £65,000 on 30 Sep 1999. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,000 | 30 Sep 1999 |
| 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 September 1999 the House Price Index for TYNE AND WEAR was 35.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 320.589%.Applying this 320.589% change to the original purchase price of £65,000 results in an estimated price of approximately £273,382.
| 30 Sep 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 35.3 | 148.6 | 320.589 % | £65,000 | £208,382 | £273,382 |
The Postcode Pricing Model uses changes in average sales price within the NE25 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 | 286.166 % | £186,007 | £251,007 |
| 3 Month Average | 268.849 % | £174,752 | £239,752 |
| 6 Month Average | 237.429 % | £154,328 | £219,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £363,918 | £360,000 | 21 EARSDON ROAD |
| 16 Apr 2023 | £333,592 | £330,000 | 15 SUNNINGDALE |
| 16 Nov 2022 | £479,196 | £485,000 | 53 BRANTWOOD AVENUE |
| 1 Aug 2022 | £383,966 | £385,000 | 7 WESTFIELD AVENUE |
| 7 Jul 2022 | £365,985 | £365,000 | 25 EARSDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Westfield Avenue |
| Mar 2024 | Public order | Under investigation | On or near Westfield Avenue |
| Mar 2024 | Shoplifting | Under investigation | On or near Westfield Avenue |