£312,096
This estimated value is based upon the latest sale price for the house of £69,995 on 1 Apr 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 |
---|---|
£69,995 | 1 Apr 1999 |
Detached |
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 April 1999 the House Price Index for TYNE AND WEAR was 33.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 345.883%.Applying this 345.883% change to the original purchase price of £69,995 results in an estimated price of approximately £312,096.
1 Apr 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 148.6 | 345.883 % | £69,995 | £242,101 | £312,096 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | 37.859 % | £26,499 | £96,494 |
3 Month Average | 59.295 % | £41,503 | £111,498 |
6 Month Average | 90.474 % | £63,326 | £133,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £166,456 | £165,000 | 3 BINK MOSS |
19 Jun 2023 | £77,944 | £77,000 | 7 STRIDINGEDGE |
28 Nov 2022 | £133,384 | £135,000 | 27 RAGLAN |
20 Jul 2022 | £125,588 | £125,250 | 32 RAGLAN |
19 Nov 2021 | £113,559 | £105,000 | 27 LONG CRAG |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Long Crag |
Jan 2024 | Public order | Awaiting court outcome | On or near Long Crag |
Jan 2024 | Drugs | Under investigation | On or near Long Crag |
Jan 2024 | Vehicle crime | Under investigation | On or near Long Crag |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Long Crag |