£129,540
This estimated value is based upon the latest sale price for the house of £102,000 on 6 Nov 2017. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £102,000 | 6 Nov 2017 |
| £82,000 | 28 Apr 2017 |
| £79,950 | 1 Feb 2002 |
| £55,500 | 3 Aug 1998 |
| £45,000 | 27 Mar 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2017 the House Price Index for TYNE AND WEAR was 117.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.000%.Applying this 27.000% change to the original purchase price of £102,000 results in an estimated price of approximately £129,540.
| 6 Nov 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.9 | 149.7 | 27.000 % | £102,000 | £27,540 | £129,540 |
The Postcode Pricing Model uses changes in average sales price within the NE2 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 | 92.091 % | £93,932 | £195,932 |
| 3 Month Average | 31.777 % | £32,412 | £134,412 |
| 6 Month Average | 19.902 % | £20,300 | £122,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £129,479 | £125,500 | 42 MOUNTWOOD |
| 4 Dec 2023 | £142,891 | £138,500 | 76 BROAD ASH |
| 3 Nov 2023 | £112,865 | £110,000 | 14 DENESIDE COURT |
| 25 Aug 2023 | £122,204 | £120,000 | 70 BROAD ASH |
| 23 Sep 2022 | £134,910 | £135,000 | 62 DENESIDE COURT |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 11 Sep 2018. Using an estimated price of £129,540 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on DENESIDE COURT is 50 sq meters (539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Wolseley Gardens |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wolseley Gardens |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Wolseley Gardens |