£459,403
This estimated value is based upon the latest sale price for the house of £265,000 on 12 Sep 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £265,000 | 12 Sep 2008 |
| Terraced |
| 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 September 2008 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £265,000 results in an estimated price of approximately £459,403.
| 12 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £265,000 | £194,403 | £459,403 |
The Postcode Pricing Model uses changes in average sales price within the NE26 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 | 27.596 % | £73,130 | £338,130 |
| 3 Month Average | 45.333 % | £120,133 | £385,133 |
| 6 Month Average | 51.546 % | £136,595 | £401,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Apr 2023 | £606,341 | £595,000 | 22 HOBART |
| 16 Jan 2023 | £521,393 | £520,000 | 13 GRASMERE CRESCENT |
| 29 Nov 2021 | £577,445 | £530,000 | 14 SWINBOURNE GARDENS |
| 20 Nov 2020 | £534,914 | £458,000 | 16 SWINBOURNE GARDENS |
| 23 Oct 2020 | £506,978 | £429,000 | 2 HOBART |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hobart |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Swinbourne Gardens |
| Jun 2024 | Other crime | Under investigation | On or near Shaftesbury Avenue |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Claremont Gardens |
| Jul 2024 | Public order | Under investigation | On or near Claremont Gardens |