£211,023
This estimated value is based upon the latest sale price for the house of £120,000 on 4 Nov 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £120,000 | 4 Nov 2009 |
| 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 November 2009 the House Price Index for TYNE AND WEAR was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £120,000 results in an estimated price of approximately £211,023.
| 4 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £120,000 | £91,023 | £211,023 |
The Postcode Pricing Model uses changes in average sales price within the NE20 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 | 182.132 % | £218,558 | £338,558 |
| 3 Month Average | 51.564 % | £61,877 | £181,877 |
| 6 Month Average | 42.060 % | £50,471 | £170,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £470,000 | £470,000 | 7 CHEVIOT VIEW |
| 28 Apr 2023 | £211,885 | £207,922 | 3 CALLERTON STATION COTTAGES CALLERTON LANE |
| 27 Jun 2022 | £163,495 | £160,000 | 31 CHEVIOT VIEW |
| 6 Apr 2022 | £405,632 | £391,000 | 6 DUKES MEADOW |
| 29 Mar 2022 | £417,573 | £400,000 | PRESTWICK HOME FARM STABLES |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Prestwick Terrace |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Prestwick Terrace |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Prestwick Terrace |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prestwick Terrace |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Prestwick Terrace |