£365,884
This estimated value is based upon the latest sale price for the house of £280,000 on 16 Jan 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 |
|---|---|
| £280,000 | 16 Jan 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 January 2017 the House Price Index for TYNE AND WEAR was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £280,000 results in an estimated price of approximately £365,884.
| 16 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £280,000 | £85,884 | £365,884 |
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 | -32.772 % | £-91,761 | £188,238 |
| 3 Month Average | 8.611 % | £24,110 | £304,110 |
| 6 Month Average | 19.594 % | £54,864 | £334,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £327,734 | £322,000 | 18 CLEASBY GARDENS |
| 28 Sep 2023 | £324,145 | £320,000 | 48 JOICEY ROAD |
| 4 Sep 2023 | £303,885 | £300,000 | 42 JOICEY ROAD |
| 24 Apr 2023 | £214,307 | £212,000 | 3 JOICEY ROAD |
| 16 Jan 2023 | £281,673 | £283,000 | 17 THORNLEA GARDENS |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 26 Nov 2015. Using an estimated price of £365,884 means this house is valued at £2,558 per sq meter (£237 per sq foot).
The average size of a house on HEATHFIELD ROAD is 119 sq meters (1,280 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Joicey Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Joicey Road |
| Feb 2024 | Possession of weapons | Awaiting court outcome | On or near Joicey Road |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Thornlea Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Chesters Close |