£374,862
This estimated value is based upon the latest sale price for the house of £184,660 on 28 May 2004. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £184,660 | 28 May 2004 |
| Terraced |
| 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 May 2004 the House Price Index for TYNE AND WEAR was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £184,660 results in an estimated price of approximately £374,862.
| 28 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £184,660 | £190,202 | £374,862 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 160.740 % | £296,823 | £481,483 |
| 3 Month Average | 64.330 % | £118,792 | £303,452 |
| 6 Month Average | 63.948 % | £118,086 | £302,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £93,883 | £91,500 | 36 ROSEBUD CLOSE |
| 5 Sep 2023 | £66,465 | £65,000 | 64 RIDLEY GARDENS |
| 4 Aug 2023 | £178,214 | £175,000 | 43 ROSEBUD CLOSE |
| 22 Mar 2023 | £46,019 | £45,250 | 25 RIDLEY GARDENS |
| 3 Aug 2022 | £155,728 | £155,000 | 42 ROSEBUD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Rosebud Close | |
| Aug 2024 | Anti-social behaviour | On or near Rosebud Close | |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rosebud Close |
| Aug 2024 | Anti-social behaviour | On or near Rosebud Close | |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Rosebud Close |