£226,315
This estimated value is based upon the latest sale price for the house of £179,000 on 11 Jan 2018. 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 Cornmoor Gardens
More crime details
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| Price Paid | Date |
|---|---|
| £179,000 | 11 Jan 2018 |
| £142,000 | 10 May 2010 |
| Semi-Detached |
| 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 January 2018 the House Price Index for TYNE AND WEAR was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £179,000 results in an estimated price of approximately £226,315.
| 11 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £179,000 | £47,315 | £226,315 |
The Postcode Pricing Model uses changes in average sales price within the NE16 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 | 89.497 % | £160,198 | £339,198 |
| 3 Month Average | 43.119 % | £77,182 | £256,182 |
| 6 Month Average | 36.105 % | £64,628 | £243,628 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £402,000 | £402,000 | 121 WHAGGS LANE |
| 22 Sep 2023 | £342,551 | £335,000 | 8 ASHFIELD ROAD |
| 15 Aug 2023 | £611,020 | £600,000 | 53 CORNMOOR ROAD |
| 23 Jun 2023 | £260,215 | £255,000 | 17 QUEENS DRIVE |
| 3 Oct 2022 | £244,184 | £245,000 | 6 ASHFIELD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Cornmoor Gardens |
| Oct 2024 | Other theft | Under investigation | On or near The Copse |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near South Avenue |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Oakfield Avenue |
| Aug 2024 | Anti-social behaviour | On or near Millfield Road |