£220,858
This estimated value is based upon the latest sale price for the house of £71,000 on 22 Jan 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £71,000 | 22 Jan 2002 |
| £46,000 | 28 Jul 1995 |
| Terraced |
| Leasehold |
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 January 2002 the House Price Index for TYNE AND WEAR was 47.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 211.068%.Applying this 211.068% change to the original purchase price of £71,000 results in an estimated price of approximately £220,858.
| 22 Jan 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 148.0 | 211.068 % | £71,000 | £149,858 | £220,858 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 69.695 % | £49,483 | £120,483 |
| 3 Month Average | 129.008 % | £91,595 | £162,595 |
| 6 Month Average | 182.509 % | £129,581 | £200,581 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £197,536 | £195,000 | 8 COLDSIDE GARDENS |
| 10 Mar 2023 | £191,033 | £190,000 | 19 CHUDLEIGH GARDENS |
| 30 Sep 2022 | £182,777 | £185,000 | 18 CHESHAM GARDENS |
| 8 Sep 2022 | £301,335 | £305,000 | 91 CHADDERTON DRIVE |
| 4 Jul 2022 | £172,767 | £173,000 | 20 COLDSIDE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottersdale Gardens |