£297,579
This estimated value is based upon the latest sale price for the house of £175,000 on 15 Feb 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £175,000 | 15 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,633 sq feet |
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 February 2013 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £175,000 results in an estimated price of approximately £297,579.
| 15 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £175,000 | £122,579 | £297,579 |
The Postcode Pricing Model uses changes in average sales price within the NE37 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 | -82.329 % | £-144,075 | £30,924 |
| 3 Month Average | -26.783 % | £-46,870 | £128,129 |
| 6 Month Average | -19.251 % | £-33,689 | £141,310 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2024 | £137,000 | £137,000 | 315 COACH ROAD ESTATE |
| 6 Dec 2023 | £76,346 | £74,000 | 21 HEWORTH CRESCENT |
| 25 Aug 2023 | £101,837 | £100,000 | 301 COACH ROAD ESTATE |
| 16 Feb 2023 | £75,504 | £75,000 | 84 PARK AVENUE |
| 17 Aug 2022 | £180,846 | £180,000 | 61 ESSEX DRIVE |
This house has a floor area of 151 sq meters or 1,633 sq feet when measured on 25 Feb 2009. Using an estimated price of £297,579 means this house is valued at £1,960 per sq meter (£182 per sq foot).
The average size of a house on HEWORTH ROAD is 106 sq meters (1,147 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Park Grove |
| Jul 2024 | Public order | Under investigation | On or near Park Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Park Grove |
| Jun 2024 | Vehicle crime | Under investigation | On or near Park Grove |