£160,454
This estimated value is based upon the latest sale price for the house of £28,000 on 29 Sep 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £28,000 | 29 Sep 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 September 1995 the House Price Index for TYNE AND WEAR was 26.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 473.052%.Applying this 473.052% change to the original purchase price of £28,000 results in an estimated price of approximately £160,454.
| 29 Sep 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.1 | 149.7 | 473.052 % | £28,000 | £132,454 | £160,454 |
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 | 329.535 % | £92,269 | £120,269 |
| 3 Month Average | 266.238 % | £74,546 | £102,546 |
| 6 Month Average | 230.340 % | £64,495 | £92,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £64,491 | £63,500 | 61 DENEHOLM |
| 27 Mar 2024 | £87,342 | £86,000 | 56 DENEHOLM |
| 22 Mar 2024 | £86,326 | £85,000 | 50 DENEHOLM |
| 6 Oct 2023 | £74,697 | £73,000 | 34 VALLEY GARDENS |
| 1 Sep 2023 | £81,803 | £80,000 | 73 DENEHOLM |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 19 Sep 2014. Using an estimated price of £160,455 means this house is valued at £2,674 per sq meter (£248 per sq foot).
The average size of a house on VALLEY GARDENS is 75 sq meters (812 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Lindisfarne Place | |
| Jun 2024 | Anti-social behaviour | On or near Lindisfarne Place | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lindisfarne Place |