£143,755
This estimated value is based upon the latest sale price for the house of £133,000 on 28 Jun 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 |
|---|---|
| £133,000 | 28 Jun 2021 |
| £57,500 | 30 Jun 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2021 the House Price Index for TYNE AND WEAR was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £133,000 results in an estimated price of approximately £143,755.
| 28 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £133,000 | £10,755 | £143,755 |
The Postcode Pricing Model uses changes in average sales price within the NE29 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 | -36.145 % | £-48,072 | £84,927 |
| 3 Month Average | -1.999 % | £-2,658 | £130,341 |
| 6 Month Average | -6.499 % | £-8,643 | £124,356 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £165,072 | £160,000 | 31 GARDNER PARK |
| 9 Jun 2023 | £122,454 | £120,000 | 8 GARDNER PARK |
| 15 Jul 2022 | £154,549 | £153,000 | 104 GARDNER PARK |
| 15 Jul 2022 | £151,518 | £150,000 | 97 GARDNER PARK |
| 17 Jun 2022 | £204,369 | £200,000 | 125 GARDNER PARK |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Jul 2013. Using an estimated price of £143,755 means this house is valued at £2,281 per sq meter (£211 per sq foot).
The average size of a house on GARDNER PARK is 67 sq meters (728 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Gardner Park |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gardner Park |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Gardner Park |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Chirton Green |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Collingwood View |