£195,402
This estimated value is based upon the latest sale price for the house of £180,000 on 30 Sep 2021. 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 | 30 Sep 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2021 the House Price Index for TYNE AND WEAR was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £180,000 results in an estimated price of approximately £195,402.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £180,000 | £15,402 | £195,402 |
The Postcode Pricing Model uses changes in average sales price within the NE40 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 | -7.218 % | £-12,992 | £167,007 |
| 3 Month Average | 9.794 % | £17,628 | £197,628 |
| 6 Month Average | 0.658 % | £1,184 | £181,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £247,146 | £245,000 | 17 CHURCH RISE |
| 22 Sep 2023 | £158,494 | £155,000 | 5 CLIFTON CLOSE |
| 21 Aug 2023 | £142,571 | £140,000 | 12 HIGH HEDGEFIELD TERRACE |
| 16 Sep 2022 | £96,935 | £97,000 | 17 TYNE GARDENS |
| 30 May 2022 | £116,023 | £113,000 | 2 HIGH HEDGEFIELD TERRACE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Jun 2016. Using an estimated price of £195,402 means this house is valued at £2,505 per sq meter (£232 per sq foot).
The average size of a house on HOLBURN GARDENS is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Holburn Gardens | |
| Oct 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Anti-social behaviour | On or near Primrose Gardens | |
| Aug 2024 | Criminal damage and arson | Under investigation | On or near Primrose Gardens |