£142,452
This estimated value is based upon the latest sale price for the house of £90,500 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £90,500 | 28 Mar 2014 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 March 2014 the House Price Index for TYNE AND WEAR was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £90,500 results in an estimated price of approximately £142,452.
| 28 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £90,500 | £51,952 | £142,452 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | 9.695 % | £8,773 | £99,273 |
| 3 Month Average | 10.622 % | £9,612 | £100,112 |
| 6 Month Average | 19.383 % | £17,541 | £108,041 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £143,758 | £142,500 | 2 SATLEY GARDENS |
| 27 Jan 2023 | £139,294 | £139,950 | 99 SEAHAM GARDENS |
| 9 Jan 2023 | £59,719 | £60,000 | 50 SEAHAM GARDENS |
| 14 Sep 2022 | £131,439 | £132,500 | 27 STANLEY GARDENS |
| 5 Sep 2022 | £64,479 | £65,000 | 47 STANLEY GARDENS |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 9 Dec 2013. Using an estimated price of £142,453 means this house is valued at £1,874 per sq meter (£174 per sq foot).
The average size of a house on SEAHAM GARDENS is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Investigation complete; no suspect identified | On or near Seaham Gardens |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Seaham Gardens |
| Dec 2023 | Public order | Under investigation | On or near Seaham Gardens |
| Dec 2023 | Shoplifting | Investigation complete; no suspect identified | On or near Seaham Gardens |
| Dec 2023 | Drugs | Under investigation | On or near Seaham Gardens |