£172,213
This estimated value is based upon the latest sale price for the house of £124,000 on 5 Oct 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£124,000 | 5 Oct 2016 |
£98,000 | 13 May 2013 |
£47,500 | 7 Feb 2001 |
£45,000 | 25 Jul 1997 |
Semi-Detached |
Leasehold |
Floor Area: 52 sq meters or 559 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 October 2016 the House Price Index for TYNE AND WEAR was 75.1.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 38.881%.Applying this 38.881% change to the original purchase price of £124,000 results in an estimated price of approximately £172,213.
5 Oct 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
75.1 | 104.3 | 38.881 % | £124,000 | £48,213 | £172,213 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | 11.880 % | £14,731 | £138,731 |
3 Month Average | 57.644 % | £71,478 | £195,478 |
6 Month Average | 41.256 % | £51,157 | £175,157 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2024 | £166,713 | £160,000 | 91 GARDNER PARK |
7 Dec 2023 | £171,864 | £160,000 | 31 GARDNER PARK |
9 Jun 2023 | £127,066 | £120,000 | 8 GARDNER PARK |
19 May 2023 | £164,824 | £155,500 | 74 GARDNER PARK |
15 Jul 2022 | £158,030 | £150,000 | 97 GARDNER PARK |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 22 Feb 2013. Using an estimated price of £172,213 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on GARDNER PARK is 67 sq meters (728 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2025 | Other theft | Under investigation | On or near Chirton Green |
Mar 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Collingwood View |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood View |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
Jan 2025 | Drugs | Under investigation | On or near Sports/Recreation Area |