£334,245
This estimated value is based upon the latest sale price for the house of £59,950 on 21 Jun 1996. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £59,950 | 21 Jun 1996 |
| Semi-Detached |
| 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 June 1996 the House Price Index for TYNE AND WEAR was 26.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 457.540%.Applying this 457.540% change to the original purchase price of £59,950 results in an estimated price of approximately £334,245.
| 21 Jun 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.0 | 457.540 % | £59,950 | £274,295 | £334,245 |
The Postcode Pricing Model uses changes in average sales price within the SR5 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 | 45.916 % | £27,526 | £87,476 |
| 3 Month Average | 178.931 % | £107,269 | £167,219 |
| 6 Month Average | 191.005 % | £114,507 | £174,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2022 | £177,364 | £180,000 | 15 NETTLEHAM ROAD |
| 6 Jun 2022 | £237,406 | £235,000 | 16 NEWBRIDGE AVENUE |
| 25 Feb 2022 | £125,335 | £120,000 | 45 NEWBOLD AVENUE |
| 10 Jan 2022 | £289,816 | £276,500 | 3 NEWBRIDGE AVENUE |
| 22 Jun 2021 | £160,289 | £150,000 | 9 NORLEY AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other crime | Under investigation | On or near Northwood Court |
| Apr 2024 | Public order | Under investigation | On or near Newbridge Avenue |
| Apr 2024 | Public order | Under investigation | On or near Newbold Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Newbold Avenue |
| Mar 2024 | Other theft | Under investigation | On or near Newbold Avenue |