£1,794,484
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £295,000 | 27 Oct 2023 |
| £172,000 | 30 Mar 2012 |
| £129,950 | 26 Sep 2003 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,386 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 2023 the House Price Index for TYNE AND WEAR was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £295,000 results in an estimated price of approximately £1,794,484.
| 27 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £295,000 | £1,499,484 | £1,794,484 |
The Postcode Pricing Model uses changes in average sales price within the NE28 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 | 69.380 % | £204,670 | £499,670 |
| 3 Month Average | -0.686 % | £-2,023 | £292,976 |
| 6 Month Average | 1.107 % | £3,265 | £298,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £136,895 | £134,500 | 15 BRISTOL DRIVE |
| 8 Jun 2023 | £111,349 | £110,000 | 26 TREE TOP MEWS |
| 21 Jul 2022 | £73,197 | £73,000 | 32 BODMIN CLOSE |
| 4 Jul 2022 | £170,459 | £170,000 | 2 BRISTOL DRIVE |
| 16 Jun 2022 | £121,720 | £120,000 | 1 BINGLEY CLOSE |
This house has a floor area of 128 sq meters or 1,386 sq feet when measured on 7 Nov 2008.
The average size of a house on TREE TOP MEWS is 78 sq meters (846 sq feet).
This house is the largest in the street with a floor area of 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Tree Top Mews |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Tree Top Mews |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Other crime | Under investigation | On or near Berwick Drive |