£319,294
This estimated value is based upon the latest sale price for the house of £205,000 on 22 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £205,000 | 22 May 2014 |
| £107,000 | 18 Aug 2000 |
| £89,950 | 25 Oct 1997 |
| Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £205,000 results in an estimated price of approximately £319,294.
| 22 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £205,000 | £114,294 | £319,294 |
The Postcode Pricing Model uses changes in average sales price within the DH4 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 | -33.380 % | £-68,429 | £136,570 |
| 3 Month Average | -0.567 % | £-1,161 | £203,838 |
| 6 Month Average | 5.510 % | £11,296 | £216,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Feb 2023 | £189,768 | £188,500 | 23 MELROSE GARDENS |
| 24 Nov 2021 | £206,954 | £189,950 | 26 MELROSE GARDENS |
| 7 Sep 2021 | £151,980 | £140,000 | 25 MELROSE GARDENS |
| 11 Nov 2020 | £192,709 | £165,000 | 7 MELROSE GARDENS |
| 9 Apr 2020 | £228,783 | £185,000 | 3 DEVONPORT |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 27 Apr 2013. Using an estimated price of £319,294 means this house is valued at £2,800 per sq meter (£260 per sq foot).
The average size of a house on DEVONPORT is 153 sq meters (1,650 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Devonport | |
| Jun 2024 | Anti-social behaviour | On or near Devonport | |
| Jun 2024 | Anti-social behaviour | On or near Devonport | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Devonport |
| Apr 2024 | Anti-social behaviour | On or near Devonport |