£506,737
This estimated value is based upon the latest sale price for the house of £300,000 on 18 Oct 2006. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £300,000 | 18 Oct 2006 |
| 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 October 2006 the House Price Index for TYNE AND WEAR was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.912%.Applying this 68.912% change to the original purchase price of £300,000 results in an estimated price of approximately £506,737.
| 18 Oct 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.912 % | £300,000 | £206,737 | £506,737 |
The Postcode Pricing Model uses changes in average sales price within the NE21 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 | -37.003 % | £-111,007 | £188,992 |
| 3 Month Average | 27.675 % | £83,026 | £383,026 |
| 6 Month Average | 37.084 % | £111,252 | £411,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £118,515 | £117,000 | 1 HANOVER DRIVE |
| 3 Apr 2023 | £161,742 | £160,000 | 11 BEAUMONT COURT |
| 21 Feb 2023 | £209,859 | £210,000 | 4 HALLGARTH MEWS |
| 3 Oct 2022 | £148,402 | £150,000 | 13 BEAUMONT COURT |
| 15 Jul 2022 | £127,343 | £127,000 | 6A HOOD SQUARE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Brockwell Close |
| Apr 2024 | Anti-social behaviour | On or near Back Street | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Back Street |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Back Street |
| Jan 2024 | Anti-social behaviour | On or near Back Street |