£105,017
This estimated value is based upon the latest sale price for the house of £18,500 on 7 Jun 1995. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £18,500 | 7 Jun 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 June 1995 the House Price Index for TYNE AND WEAR was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.662%.Applying this 467.662% change to the original purchase price of £18,500 results in an estimated price of approximately £105,017.
| 7 Jun 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.662 % | £18,500 | £86,517 | £105,017 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | 235.136 % | £43,500 | £62,000 |
| 3 Month Average | 252.220 % | £46,660 | £65,160 |
| 6 Month Average | 221.325 % | £40,945 | £59,445 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £116,058 | £113,500 | 250 PONTELAND ROAD |
| 30 Jun 2023 | £182,150 | £178,500 | 11 DRURIDGE DRIVE |
| 24 Mar 2023 | £102,715 | £101,000 | 7 BROOMHILL GARDENS |
| 10 Feb 2023 | £115,773 | £115,000 | 23 DRURIDGE DRIVE |
| 6 Jan 2023 | £130,348 | £130,000 | 5 HAUXLEY GARDENS |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 14 Oct 2015. Using an estimated price of £105,017 means this house is valued at £1,296 per sq meter (£120 per sq foot).
The average size of a house on FALLODON GARDENS is 120 sq meters (1,291 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Hauxley Gardens |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hauxley Gardens |
| Jul 2024 | Public order | Under investigation | On or near Hauxley Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Hauxley Gardens |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hauxley Gardens |