£619,079
This estimated value is based upon the latest sale price for the house of £380,000 on 19 Jun 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £380,000 | 19 Jun 2008 |
| 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 June 2008 the House Price Index for TYNE AND WEAR was 91.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 62.916%.Applying this 62.916% change to the original purchase price of £380,000 results in an estimated price of approximately £619,079.
| 19 Jun 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.9 | 149.7 | 62.916 % | £380,000 | £239,079 | £619,079 |
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 | -37.718 % | £-143,328 | £236,671 |
| 3 Month Average | -5.390 % | £-20,482 | £359,517 |
| 6 Month Average | 4.477 % | £17,013 | £397,013 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £173,240 | £170,000 | 22 BRAMBLE CLOSE |
| 17 Mar 2023 | £148,480 | £146,000 | 35 WEAR STREET |
| 15 Jul 2022 | £148,488 | £147,000 | 6 BLACK BOY ROAD |
| 20 Apr 2022 | £204,372 | £197,000 | 46A AVON CRESCENT |
| 7 Apr 2022 | £280,052 | £269,950 | 5 THE MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Wear Street |
| Apr 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wear Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Medway Close |
| Apr 2024 | Public order | Awaiting court outcome | On or near Relton Close |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Stretton Close |