£348,406
This estimated value is based upon the latest sale price for the house of £108,000 on 30 Nov 2001. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £108,000 | 30 Nov 2001 |
| £115,000 | 29 Sep 2000 |
| £74,000 | 8 Apr 1998 |
| Terraced |
| 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 November 2001 the House Price Index for TYNE AND WEAR was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £108,000 results in an estimated price of approximately £348,406.
| 30 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £108,000 | £240,406 | £348,406 |
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 | 323.955 % | £349,871 | £457,871 |
| 3 Month Average | 179.127 % | £193,457 | £301,457 |
| 6 Month Average | 186.008 % | £200,888 | £308,888 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £117,614 | £114,000 | 3 NORTHUMBERLAND HOUSE NORTHUMBERLAND ROAD |
| 16 Nov 2023 | £184,688 | £180,000 | 18 WHITEWELL TERRACE |
| 15 Sep 2023 | £102,254 | £100,000 | 18 THE LAWN RYTON VILLAGE |
| 25 Aug 2023 | £117,112 | £115,000 | 10 WHITEWELL TERRACE |
| 11 Aug 2023 | £317,731 | £312,000 | 13 BRETTANBY GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Village East |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near Village East |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Village East |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Holburn Lane Court |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Holburn Lane Court |