£851,137
This estimated value is based upon the latest sale price for the house of £849,992 on 6 Dec 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £849,992 | 6 Dec 2022 |
| £935,000 | 4 Apr 2019 |
| 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 December 2022 the House Price Index for TYNE AND WEAR was 148.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.135%.Applying this 0.135% change to the original purchase price of £849,992 results in an estimated price of approximately £851,137.
| 6 Dec 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 148.6 | 0.135 % | £849,992 | £1,145 | £851,137 |
The Postcode Pricing Model uses changes in average sales price within the NE31 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 | 5.095 % | £43,303 | £893,295 |
| 3 Month Average | -36.997 % | £-314,474 | £535,517 |
| 6 Month Average | -23.993 % | £-203,937 | £646,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £38,165 | £37,600 | 15 PALMER CRESCENT |
| 10 Nov 2023 | £91,302 | £89,950 | 4 BONNAR COURT |
| 8 Sep 2023 | £65,842 | £65,000 | 22 BONNAR COURT |
| 14 Jul 2023 | £157,115 | £155,000 | 48 USHAW ROAD |
| 3 Jul 2023 | £86,160 | £85,000 | 26 BONNAR COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Civic Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Civic Court |
| Feb 2024 | Public order | Under investigation | On or near Civic Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Civic Court |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Marr Road |