£281,361
This estimated value is based upon the latest sale price for the house of £210,250 on 23 Sep 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £210,250 | 23 Sep 2016 |
| 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 September 2016 the House Price Index for TYNE AND WEAR was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £210,250 results in an estimated price of approximately £281,361.
| 23 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £210,250 | £71,111 | £281,361 |
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 | -12.954 % | £-27,235 | £183,014 |
| 3 Month Average | 9.459 % | £19,887 | £230,137 |
| 6 Month Average | 7.530 % | £15,830 | £226,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £215,469 | £210,000 | 5 CEDARS GREEN |
| 22 Sep 2023 | £219,846 | £215,000 | 52 CEDARS GREEN |
| 19 Sep 2023 | £265,861 | £260,000 | 19 OAKWOOD AVENUE |
| 19 Apr 2023 | £489,149 | £480,000 | 762 DURHAM ROAD |
| 9 Mar 2023 | £488,152 | £480,000 | 760 DURHAM ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Oakwood Avenue |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jul 2024 | Public order | Awaiting court outcome | On or near Cromer Avenue |
| Jun 2024 | Anti-social behaviour | On or near Cromer Court |