£511,506
This estimated value is based upon the latest sale price for the house of £415,000 on 12 Feb 2020. 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 |
|---|---|
| £415,000 | 12 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 February 2020 the House Price Index for TYNE AND WEAR was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £415,000 results in an estimated price of approximately £511,506.
| 12 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £415,000 | £96,506 | £511,506 |
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 | -46.814 % | £-194,278 | £220,721 |
| 3 Month Average | 22.676 % | £94,103 | £509,103 |
| 6 Month Average | 10.632 % | £44,124 | £459,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £616,112 | £605,000 | 5 WELL RIDGE PARK |
| 5 Jun 2023 | £668,395 | £655,000 | 13 HADDINGTON ROAD |
| 13 May 2022 | £643,258 | £626,500 | 14 WELL RIDGE PARK |
| 18 Feb 2022 | £501,817 | £475,000 | 25 HUNTLY ROAD |
| 27 Sep 2021 | £417,944 | £385,000 | 48 GAINSBOROUGH CLOSE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 7 Aug 2019. Using an estimated price of £511,507 means this house is valued at £4,125 per sq meter (£383 per sq foot).
The average size of a house on HADDINGTON ROAD is 151 sq meters (1,632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Huntly Road |
| Jun 2024 | Vehicle crime | Under investigation | On or near Beaconsfield Close |
| May 2024 | Public order | Under investigation | On or near Beaconsfield Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hillsden Road |
| Jul 2024 | Public order | Awaiting court outcome | On or near Hillsden Road |