£206,563
This estimated value is based upon the latest sale price for the house of £122,500 on 8 Mar 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £122,500 | 8 Mar 2013 |
| 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 March 2013 the House Price Index for TYNE AND WEAR was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £122,500 results in an estimated price of approximately £206,563.
| 8 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.623 % | £122,500 | £84,063 | £206,563 |
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 | 0.982 % | £1,203 | £123,703 |
| 3 Month Average | 4.831 % | £5,918 | £128,418 |
| 6 Month Average | 10.421 % | £12,766 | £135,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £159,037 | £155,000 | 5 OAKWOOD CLOSE |
| 16 Nov 2023 | £208,287 | £203,000 | 6 FELL ROAD |
| 10 Nov 2023 | £87,214 | £85,000 | 7 FERNDALE TERRACE |
| 2 Nov 2023 | £162,115 | £158,000 | 5 FELL PLACE |
| 24 Aug 2023 | £158,865 | £156,000 | 2 FERNDALE TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Oakwood Close |
| May 2024 | Vehicle crime | Awaiting court outcome | On or near Oakwood Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fell Road |
| Apr 2024 | Other crime | Under investigation | On or near Fell Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairhaven |