£138,145
This estimated value is based upon the latest sale price for the house of £75,000 on 8 May 2009. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £75,000 | 8 May 2009 |
| £32,000 | 9 Jun 2000 |
| £27,500 | 31 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 2009 the House Price Index for TYNE AND WEAR was 80.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 84.193%.Applying this 84.193% change to the original purchase price of £75,000 results in an estimated price of approximately £138,145.
| 8 May 2009 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.0 | 84.193 % | £75,000 | £63,145 | £138,145 |
The Postcode Pricing Model uses changes in average sales price within the NE5 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 | -21.320 % | £-15,989 | £59,010 |
| 3 Month Average | 12.037 % | £9,027 | £84,027 |
| 6 Month Average | 39.295 % | £29,471 | £104,471 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £162,081 | £160,000 | 57 WESTGARTH |
| 1 Nov 2023 | £195,510 | £193,000 | 16 WESTGARTH |
| 4 Aug 2023 | £105,642 | £105,000 | 167 WESTGARTH |
| 12 Apr 2023 | £80,599 | £80,000 | 107 WESTGARTH |
| 24 Feb 2023 | £213,988 | £215,000 | 48 WESTGARTH |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Oct 2014. Using an estimated price of £138,145 means this house is valued at £1,866 per sq meter (£173 per sq foot).
The average size of a house on WESTGARTH is 81 sq meters (876 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Westgarth |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bedeburn Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Bedeburn Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bedeburn Road |
| Mar 2024 | Other crime | Under investigation | On or near Bedeburn Road |