£280,707
This estimated value is based upon the latest sale price for the house of £187,500 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Tillmouth Gardens
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| Price Paid | Date |
|---|---|
| £187,500 | 10 Oct 2014 |
| £67,500 | 15 Sep 2000 |
| £45,000 | 18 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 October 2014 the House Price Index for TYNE AND WEAR was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £187,500 results in an estimated price of approximately £280,707.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £187,500 | £93,207 | £280,707 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 92.215 % | £172,903 | £360,403 |
| 3 Month Average | 16.819 % | £31,534 | £219,034 |
| 6 Month Average | 23.644 % | £44,332 | £231,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £182,207 | £180,000 | 354 WEST ROAD |
| 8 Jun 2023 | £248,004 | £245,000 | 12 TILLMOUTH GARDENS |
| 27 Apr 2023 | £262,830 | £260,000 | 94 NEWMINSTER ROAD |
| 27 Feb 2023 | £173,383 | £173,500 | 374 WEST ROAD |
| 22 Jul 2022 | £200,540 | £200,000 | 348 WEST ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 18 Jun 2014. Using an estimated price of £280,707 means this house is valued at £2,648 per sq meter (£246 per sq foot).
The average size of a house on TILLMOUTH GARDENS is 132 sq meters (1,423 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Tillmouth Gardens | |
| Mar 2024 | Burglary | Awaiting court outcome | On or near Tillmouth Gardens |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tillmouth Gardens |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Tillmouth Gardens |
| Jan 2024 | Anti-social behaviour | On or near Tillmouth Gardens |