£353,813
This estimated value is based upon the latest sale price for the house of £76,000 on 14 Sep 1998. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £76,000 | 14 Sep 1998 |
| £64,000 | 18 Aug 1995 |
| 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 1998 the House Price Index for TYNE AND WEAR was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £76,000 results in an estimated price of approximately £353,813.
| 14 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £76,000 | £277,813 | £353,813 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | 150.093 % | £114,070 | £190,070 |
| 3 Month Average | 159.945 % | £121,558 | £197,558 |
| 6 Month Average | 169.442 % | £128,776 | £204,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £60,902 | £60,000 | 36 ROSE AVENUE |
| 10 Aug 2023 | £80,706 | £80,000 | 32 ROSE AVENUE |
| 8 Aug 2023 | £100,883 | £100,000 | 20 SIDINGS PLACE |
| 6 Jul 2023 | £66,900 | £66,000 | 83 ROSE AVENUE |
| 10 Mar 2023 | £50,476 | £50,000 | 4 EWE HILL TERRACE WEST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near A1052 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A1052 |
| Jan 2024 | Anti-social behaviour | On or near A1052 | |
| Jan 2024 | Anti-social behaviour | On or near A1052 | |
| Jan 2024 | Anti-social behaviour | On or near A1052 |