£90,788
This estimated value is based upon the latest sale price for the house of £90,000 on 8 Dec 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Farndale Road
More crime details
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| Price Paid | Date |
|---|---|
| £90,000 | 8 Dec 2022 |
| Freehold |
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 December 2022 the House Price Index for TYNE AND WEAR was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £90,000 results in an estimated price of approximately £90,788.
| 8 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £90,000 | £788 | £90,788 |
The Postcode Pricing Model uses changes in average sales price within the NE4 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 | 35.850 % | £32,264 | £122,264 |
| 3 Month Average | 41.699 % | £37,529 | £127,529 |
| 6 Month Average | 13.682 % | £12,313 | £102,313 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £162,497 | £160,000 | 81 ELLESMERE ROAD |
| 9 Feb 2023 | £125,841 | £125,000 | 118 HAMPSTEAD ROAD |
| 7 Feb 2023 | £85,572 | £85,000 | 163 HAMPSTEAD ROAD |
| 3 Feb 2023 | £53,356 | £53,000 | 36 ELLESMERE ROAD |
| 29 Mar 2022 | £67,856 | £65,000 | 94 HAMPSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Farndale Road | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |
| Jul 2024 | Burglary | Awaiting court outcome | On or near Farndale Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Farndale Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Farndale Road |