£135,803
This estimated value is based upon the latest sale price for the house of £102,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £102,000 | 5 Aug 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 August 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £102,000 results in an estimated price of approximately £135,803.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £102,000 | £33,803 | £135,803 |
The Postcode Pricing Model uses changes in average sales price within the NE15 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 | 4.426 % | £4,514 | £106,514 |
| 3 Month Average | 11.878 % | £12,115 | £114,115 |
| 6 Month Average | 26.480 % | £27,009 | £129,009 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £76,336 | £75,000 | 32 OAKFIELD GARDENS |
| 30 Jun 2023 | £137,161 | £135,500 | 26 WEIDNER ROAD |
| 3 Mar 2023 | £132,246 | £131,000 | 46 OAKFIELD GARDENS |
| 17 Feb 2023 | £81,445 | £81,500 | 26 OAKFIELD GARDENS |
| 27 Jan 2023 | £153,278 | £154,000 | 7 HEYBURN GARDENS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Oct 2014. Using an estimated price of £135,804 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on HEYBURN GARDENS is 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Heyburn Gardens |
| Feb 2024 | Anti-social behaviour | On or near Broomridge Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Broomridge Avenue | |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Weidner Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Springhill Gardens |