£229,656
This estimated value is based upon the latest sale price for the house of £185,000 on 23 Nov 2018. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £185,000 | 23 Nov 2018 |
| £138,900 | 8 Jun 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 71 sq meters or 770 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 November 2018 the House Price Index for TYNE AND WEAR was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £185,000 results in an estimated price of approximately £229,656.
| 23 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £185,000 | £44,656 | £229,656 |
The Postcode Pricing Model uses changes in average sales price within the NE9 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 | -4.824 % | £-8,923 | £176,076 |
| 3 Month Average | 0.389 % | £719 | £185,719 |
| 6 Month Average | 8.178 % | £15,128 | £200,128 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £209,621 | £205,000 | 1 STOCKSFIELD GARDENS |
| 27 Sep 2023 | £310,852 | £304,000 | 12 ROTHERFIELD GARDENS |
| 3 Aug 2023 | £200,618 | £197,000 | 11 STOCKSFIELD GARDENS |
| 4 Oct 2022 | £359 | £360 | 7 ROTHERFIELD GARDENS |
| 15 Jul 2022 | £252,530 | £250,000 | 13 BIRCHFIELD GARDENS |
This house has a floor area of 71 sq meters or 770 sq feet when measured on 12 May 2011. Using an estimated price of £229,657 means this house is valued at £3,208 per sq meter (£298 per sq foot).
The average size of a house on ROTHERFIELD GARDENS is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Stocksfield Gardens |
| Jul 2024 | Vehicle crime | Under investigation | On or near Ashwood Gardens |