£186,735
This estimated value is based upon the latest sale price for the house of £180,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £180,000 | 8 Apr 2022 |
| £134,950 | 6 Nov 2015 |
| £11,000 | 5 Nov 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 April 2022 the House Price Index for TYNE AND WEAR was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £180,000 results in an estimated price of approximately £186,735.
| 8 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £180,000 | £6,735 | £186,735 |
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 | -24.218 % | £-43,593 | £136,406 |
| 3 Month Average | 12.527 % | £22,548 | £202,548 |
| 6 Month Average | -2.084 % | £-3,750 | £176,249 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £268,191 | £259,950 | 2 CAVERSHAM ROAD |
| 10 Nov 2023 | £200,079 | £195,000 | 8 COLDSIDE GARDENS |
| 14 Aug 2023 | £146,645 | £144,000 | 143 HILLHEAD PARKWAY |
| 26 Oct 2022 | £2,392 | £2,400 | 18 CAVERSHAM ROAD |
| 7 Sep 2022 | £184,876 | £185,000 | 5 DORCHESTER CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 30 Jun 2015. Using an estimated price of £186,736 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on COLDSIDE GARDENS is 64 sq meters (698 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Coldside Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Cottersdale Gardens |
| Jun 2024 | Anti-social behaviour | On or near Cottersdale Gardens |