£192,196
This estimated value is based upon the latest sale price for the house of £65,950 on 16 May 2002. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £65,950 | 16 May 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 May 2002 the House Price Index for TYNE AND WEAR was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £65,950 results in an estimated price of approximately £192,196.
| 16 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £65,950 | £126,246 | £192,196 |
The Postcode Pricing Model uses changes in average sales price within the NE10 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 | 121.680 % | £80,247 | £146,197 |
| 3 Month Average | 157.760 % | £104,042 | £169,992 |
| 6 Month Average | 159.932 % | £105,474 | £171,424 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £182,331 | £180,000 | 34 COLDWELL PARK DRIVE |
| 8 Sep 2023 | £162,072 | £160,000 | 38 COLDWELL PARK DRIVE |
| 8 Sep 2023 | £202,590 | £200,000 | 11 COLDWELL PARK AVENUE |
| 14 Jul 2023 | £137,855 | £136,000 | 13 RECTORY ROAD |
| 28 Oct 2022 | £116,743 | £118,000 | 7 FLEMING GARDENS |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 26 May 2016. Using an estimated price of £192,197 means this house is valued at £1,392 per sq meter (£129 per sq foot).
The average size of a house on COLDWELL PARK DRIVE is 106 sq meters (1,149 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Willow Green |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Willow Green |
| Jan 2024 | Public order | Under investigation | On or near Willow Green |
| Mar 2024 | Robbery | Under investigation | On or near Parking Area |
| Mar 2024 | Drugs | Under investigation | On or near Parking Area |