£311,960
This estimated value is based upon the latest sale price for the house of £179,950 on 3 Sep 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £179,950 | 3 Sep 2008 |
| £58,000 | 28 Jun 1995 |
| Semi-Detached |
| 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 September 2008 the House Price Index for TYNE AND WEAR was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £179,950 results in an estimated price of approximately £311,960.
| 3 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £179,950 | £132,010 | £311,960 |
The Postcode Pricing Model uses changes in average sales price within the NE32 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 | 19.876 % | £35,766 | £215,716 |
| 3 Month Average | -10.188 % | £-18,333 | £161,616 |
| 6 Month Average | 6.306 % | £11,347 | £191,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £163,718 | £160,000 | 35 HEREFORD WAY |
| 18 Aug 2023 | £117,112 | £115,000 | 121 ROMAN ROAD |
| 12 Apr 2023 | £109,039 | £107,000 | 7 EXETER WAY |
| 14 Mar 2023 | £121,021 | £119,000 | 56 GLOUCESTER WAY |
| 3 Mar 2023 | £218,652 | £215,000 | 20 EXETER WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Under investigation | On or near Harbottle Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Harbottle Crescent |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Harbottle Crescent |
| May 2024 | Violence and sexual offences | Under investigation | On or near Harbottle Crescent |
| Jul 2024 | Anti-social behaviour | On or near Hereford Way |