£165,466
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 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £124,000 results in an estimated price of approximately £165,466.
| 5 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £124,000 | £41,466 | £165,466 |
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 | 11.494 % | £14,252 | £138,252 |
| 3 Month Average | 51.621 % | £64,010 | £188,010 |
| 6 Month Average | 34.749 % | £43,088 | £167,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £165,072 | £160,000 | 31 GARDNER PARK |
| 9 Jun 2023 | £122,454 | £120,000 | 8 GARDNER PARK |
| 15 Jul 2022 | £154,549 | £153,000 | 104 GARDNER PARK |
| 15 Jul 2022 | £151,518 | £150,000 | 97 GARDNER PARK |
| 17 Jun 2022 | £204,369 | £200,000 | 125 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 £165,467 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on GARDNER PARK is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Gardner Park |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardner Park |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gardner Park |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chirton Green |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood View |