£432,978
This estimated value is based upon the latest sale price for the house of £440,000 on 11 Nov 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 |
|---|---|
| £440,000 | 11 Nov 2022 |
| 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 November 2022 the House Price Index for TYNE AND WEAR was 150.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.596%.Applying this -1.596% change to the original purchase price of £440,000 results in an estimated price of approximately £432,978.
| 11 Nov 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.0 | -1.596 % | £440,000 | £-7,021 | £432,978 |
The Postcode Pricing Model uses changes in average sales price within the NE33 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 | -25.867 % | £-113,815 | £326,184 |
| 3 Month Average | -22.086 % | £-97,178 | £342,821 |
| 6 Month Average | -5.728 % | £-25,204 | £414,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £65,000 | £65,000 | 9 COOK CLOSE |
| 21 Apr 2023 | £121,906 | £121,000 | 11 RALEIGH CLOSE |
| 11 Nov 2022 | £432,979 | £440,000 | 1 GARWOOD STREET |
| 21 Oct 2022 | £135,486 | £137,500 | 8 RALEIGH CLOSE |
| 4 Feb 2022 | £92,957 | £89,000 | 27 ANSON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Captains Row |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near The Captains Row |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near The Captains Row |
| Apr 2024 | Other crime | Under investigation | On or near Anson Close |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Anson Close |