£148,988
This estimated value is based upon the latest sale price for the house of £86,875 on 2 Nov 2010. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £86,875 | 2 Nov 2010 |
| £93,000 | 14 Mar 2003 |
| £66,000 | 25 Jan 2002 |
| 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 November 2010 the House Price Index for TYNE AND WEAR was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £86,875 results in an estimated price of approximately £148,988.
| 2 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £86,875 | £62,113 | £148,988 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 36.097 % | £31,359 | £118,234 |
| 3 Month Average | 11.430 % | £9,929 | £96,804 |
| 6 Month Average | 8.919 % | £7,747 | £94,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £91,603 | £90,000 | 15 THE CEDARS |
| 3 Jul 2023 | £91,228 | £90,000 | 30 BELL STREET |
| 30 Jun 2023 | £90,597 | £89,500 | 11 ALEXANDRA TERRACE |
| 20 Jul 2022 | £115,310 | £115,000 | 4 THE POPLARS |
| 10 Jun 2022 | £139,978 | £138,000 | 2 TULIP COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Poplars |
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Feb 2024 | Anti-social behaviour | On or near Bell Street | |
| Apr 2024 | Public order | Awaiting court outcome | On or near Penshaw Lane |