£508,159
This estimated value is based upon the latest sale price for the house of £430,000 on 19 Oct 2020. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £430,000 | 19 Oct 2020 |
| £210,000 | 16 Nov 2001 |
| 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 2020 the House Price Index for TYNE AND WEAR was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £430,000 results in an estimated price of approximately £508,159.
| 19 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £430,000 | £78,159 | £508,159 |
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 | -28.156 % | £-121,071 | £308,928 |
| 3 Month Average | 11.693 % | £50,278 | £480,278 |
| 6 Month Average | 12.710 % | £54,654 | £484,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £121,741 | £118,000 | 8 MANOR GROVE |
| 29 Sep 2023 | £76,691 | £75,000 | 66 FLETCHER CRESCENT |
| 20 Sep 2023 | £156,449 | £153,000 | 14 MANOR GROVE |
| 11 Apr 2023 | £357,639 | £350,950 | KIRK BRAE, 34 ST AIDANS TERRACE |
| 24 Feb 2023 | £88,592 | £88,000 | 80 FLETCHER CRESCENT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near St Cuthberts Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near St Cuthberts Road |
| Jul 2024 | Anti-social behaviour | On or near Manor Grove | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near St Aidan'S Terrace |
| Jul 2024 | Vehicle crime | Under investigation | On or near Hill Terrace |