£282,470
This estimated value is based upon the latest sale price for the house of £166,000 on 20 Oct 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £166,000 | 20 Oct 2006 |
| Semi-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 October 2006 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £166,000 results in an estimated price of approximately £282,470.
| 20 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.163 % | £166,000 | £116,470 | £282,470 |
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 | 3.692 % | £6,128 | £172,128 |
| 3 Month Average | 9.841 % | £16,335 | £182,335 |
| 6 Month Average | 13.899 % | £23,072 | £189,072 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Mar 2024 | £116,794 | £115,000 | 21 LYNDEN GATE CROMER AVENUE |
| 15 Sep 2023 | £204,508 | £200,000 | 28 TORQUAY GARDENS |
| 18 Aug 2023 | £348,791 | £342,500 | 29 CROMER AVENUE |
| 28 Apr 2023 | £117,192 | £115,000 | 18 LYNDEN GATE CROMER AVENUE |
| 3 Feb 2023 | £342,286 | £340,000 | 5 BIDEFORD GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Shoplifting | Under investigation | On or near Dawlish Gardens |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jun 2024 | Anti-social behaviour | On or near Cromer Court |