£230,623
This estimated value is based upon the latest sale price for the house of £94,500 on 14 Feb 2003. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £94,500 | 14 Feb 2003 |
| £53,000 | 10 Nov 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 February 2003 the House Price Index for TYNE AND WEAR was 60.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 144.046%.Applying this 144.046% change to the original purchase price of £94,500 results in an estimated price of approximately £230,623.
| 14 Feb 2003 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.0 | 144.046 % | £94,500 | £136,123 | £230,623 |
The Postcode Pricing Model uses changes in average sales price within the NE34 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 | 79.593 % | £75,215 | £169,715 |
| 3 Month Average | 111.724 % | £105,579 | £200,079 |
| 6 Month Average | 128.068 % | £121,024 | £215,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £196,193 | £195,000 | 68 HIGHFIELD DRIVE |
| 12 Apr 2023 | £171,273 | £170,000 | 33 HIGH MEADOW |
| 8 Feb 2023 | £174,176 | £175,000 | 60 HIGHFIELD DRIVE |
| 12 Oct 2022 | £239,441 | £243,000 | 74 HIGHFIELD DRIVE |
| 29 Jul 2022 | £94,872 | £95,000 | 94 HIGHFIELD ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 1 Dec 2017. Using an estimated price of £230,624 means this house is valued at £2,713 per sq meter (£252 per sq foot).
The average size of a house on HIGHFIELD DRIVE is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highfield Road |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Grinstead Close |
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Grinstead Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Wells Grove |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wells Grove |