£140,324
This estimated value is based upon the latest sale price for the house of £139,950 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £139,950 | 27 Jan 2023 |
| 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 January 2023 the House Price Index for TYNE AND WEAR was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £139,950 results in an estimated price of approximately £140,324.
| 27 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £139,950 | £374 | £140,324 |
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 | -11.412 % | £-15,970 | £123,979 |
| 3 Month Average | 2.457 % | £3,438 | £143,388 |
| 6 Month Average | 7.351 % | £10,287 | £150,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £129,997 | £128,000 | 31 LONG BANK |
| 23 Oct 2023 | £175,112 | £171,135 | 109 SEAHAM GARDENS |
| 15 Sep 2023 | £143,156 | £140,000 | 3 SACRISTON GARDENS |
| 4 Aug 2023 | £145,117 | £142,500 | 2 SATLEY GARDENS |
| 27 Jan 2023 | £140,325 | £139,950 | 99 SEAHAM GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near Seaham Gardens |
| Jul 2024 | Anti-social behaviour | On or near Seaham Gardens | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Seaham Gardens |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Seaham Gardens |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Silksworth Gardens |