£198,292
This estimated value is based upon the latest sale price for the house of £182,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £182,000 | 12 Nov 2021 |
| £147,000 | 22 Aug 2006 |
| Semi-Detached |
| 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 November 2021 the House Price Index for TYNE AND WEAR was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £182,000 results in an estimated price of approximately £198,292.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £182,000 | £16,292 | £198,292 |
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 | 9.420 % | £17,144 | £199,144 |
| 3 Month Average | 15.550 % | £28,301 | £210,301 |
| 6 Month Average | 3.798 % | £6,912 | £188,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £268,191 | £259,950 | 2 CAVERSHAM ROAD |
| 24 Nov 2023 | £117,995 | £115,000 | 73 DENHAM WALK |
| 10 Nov 2023 | £200,079 | £195,000 | 8 COLDSIDE GARDENS |
| 22 Sep 2023 | £145,712 | £142,500 | 108 CHADDERTON DRIVE |
| 29 Mar 2023 | £193,176 | £189,950 | 114 CHADDERTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Dorchester Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cottersdale Gardens |
| Jun 2024 | Anti-social behaviour | On or near Cottersdale Gardens |